Fix & Flip Loans for
Real Estate Investors

Yes. Fix & Flip loans typically include financing for renovations, allowing investors to fund improvements without using all of their own cash upfront.

Fix & Flip loans are short-term by design and are meant to cover the renovation and resale period of a project.

Yes. Fix & Flip loans are designed for speed and flexibility, while traditional mortgages usually require move-in-ready properties and longer approval timelines.

A fix and flip loan is a short-term hard money loan used by real estate investors to purchase and renovate a property with the intent to sell it after improvements are complete. With Asset Based Lending, fix and flip loan terms range from 12 to 24 months with no prepayment penalty.

Loans for flipping houses fund the property purchase upfront, with renovation money released in draws as work is completed. Home flipping loans are repaid when the property is sold, or investors can refinance to hold the property as a long-term rental.

Fix and flip loans are underwritten primarily on the deal itself. At ABL, borrowers need a minimum FICO 660 credit score, but approval centers on the property, your renovation budget, and the projected after repair value rather than tax returns or W2 income.

Lenders for flipping houses evaluate purchase price relative to after repair value, the scope and cost of the renovation, and the borrower’s exit plan. A realistic rehab budget and comps that support your resale price matter more than personal income documentation.

With leverage up to 92.5% of total project cost and up to 75% LTARV, ABL borrowers can finance the majority of a flip. Your capital contribution depends on the deal, but loans for flipping houses are structured so you keep more cash available for your next project.

Yes. Financing for flipping houses is available to new investors, though experienced flippers may qualify for higher leverage and better pricing. ABL works with first-time investors on deal structure and pairs them with a dedicated loan officer.

Because ABL underwrites and funds every loan in-house, borrowers can close in as few as 20 days, and renovation draws are released in as few as 24 hours after inspection approval. Timing will vary for other fix and flip hard money lenders.

Hard money loans for flipping houses are asset-based, meaning the approval of your deal will be based on the property itself. While your credit is reviewed, there is no income verification, no tax returns, and no lengthy bank style underwriting.

ABL provides fix and flip loans in over 40 states plus Washington DC, with local loan officers who know your market. Search our Where We Lend page or connect with a loan officer in your state to get started.

Yes. Fix and flip hard money loans from ABL cover single family homes, multi-family properties, and condos, with blanket loans available for investors flipping multiple properties at once.