Fix & Flip Loan
Short-term financing for renovate-and-sell projects.
- Rates from
- 9.99%*
- Typical term
- 6–18 months
- Min amount
- $75K
- Max amount
- $5M
What is a Fix & Flip Loan?
Fix & flip loans give real estate investors capital to purchase and renovate a property with the intent to sell. They typically cover a large share of purchase price plus rehab costs, are interest-only, and last 6–18 months. Underwriting centers on the after-repair value (ARV) and the investor's track record.
Best for
- Investors
- Renovate & resell
- ARV-based lending
* Rates and terms shown are indicative and vary by lender, borrower, and property. Not a commitment to lend. Subject to credit approval.
Lenders offering Fix & Flip
7 lenders in our directory finance this loan type.
Bayport Funding
Direct portfolio bridge lender for real estate investors
A direct portfolio bridge lender for real estate investors, with fix-and-flip, ground-up construction, and development programs. Its funded transactions include Brooklyn, the Bronx, and Queens.
- Loan size
- Contact for details
- Coverage
- 3 boroughs
Kiavi
Business-purpose loans for real estate investors
A private, non-bank lender for real estate investors offering fix-and-flip, bridge, and rental financing. Kiavi lists New York among the states where it lends, and its loans are for non-owner-occupied investment properties only.
- Loan size
- Contact for details
- Coverage
- All NYC
Lima One Capital
Private lender for real estate investors
A private lender offering fix-and-flip, bridge, new-construction, rental, and multifamily programs. Its New York page states its loans are ideal for investments across New York City's five boroughs.
- Loan size
- Contact for details
- Coverage
- All NYC
Manhattan Bridge Capital
Hard-money lender for New York real estate investors
A publicly traded hard-money lender (NASDAQ: LOAN) to professional real estate investors, offering fix-and-flip, bridge, and small new-construction loans across all five NYC boroughs.
- Loan size
- Contact for details
- Coverage
- All NYC
RCN Capital
Nationwide private lender for real estate investors
A private, business-purpose lender offering fix-and-flip, bridge, new-construction, and multifamily (5+ unit) programs. RCN states its loans are for business purposes and that it lends in most states, including New York.
- Loan size
- Contact for details
- Coverage
- All NYC
Roc360
Manhattan-based lender for real estate investors
A Manhattan-headquartered originator of business-purpose loans for residential real estate investors, with bridge, fix-and-flip, and rental/multifamily (DSCR) products.
- Loan size
- Contact for details
- Coverage
- All NYC
Stormfield Capital
Direct bridge and hard-money lender for investors
An SEC-registered investment adviser and direct bridge lender for residential and commercial real estate investors, with fix-and-flip, bridge, new-construction, and multifamily value-add programs. Investment-purpose only, with funded NYC deals.
- Loan size
- Contact for details
- Coverage
- All NYC