Fix & Flip Loans for Fast Funding and Maximum Profit
Up to 90% financing and 100% rehab funding for qualified investors. Our fix and flip loans close in as little as 7 days with no tax returns, W-2s, or income verification required.
How Fix & Flip Loans Are Structured
Fix and flip loans, often known as Residential Transition Loans (RTLs) or hard money loans, are short-term financing solutions for investors purchasing, renovating, and reselling properties. Unlike traditional mortgages, these forms of asset based lending focus on the property’s value and projected after-repair value rather than personal income.
The key metric is ARV (After Repair Value). Most lenders provide high-leverage fix and flip financing that can cover up to 90% of the purchase price and 100% of renovation costs while supporting profitable house flipping projects.
An investor acquires and renovates a distressed property for resale using short-term financing arranged by Hawk Funding Group. The purchase price is $1,400,000 with a $600,000 rehab budget and $2,700,000 ARV. The loan amount is $1,860,000 at 68.9% LTC with an 8% rate. The exit strategy is resale or refinance.
Fix & Flip Loan Terms
- Up to 90% of Purchase & 100% Rehab Cost
- Up to 80% of After Repair Value
- 7 – 14 Day Close
- 12 – 18 Month Terms, Interest Only
- Rates starting at 7.75%
Other Loan Programs
Fix & Flip Loan Features
One fix and flip financing solution covers acquisition and rehab costs, reducing upfront cash needs for investors.
Work with a trusted hard money lender and close in as little as 7 days to compete with cash buyers and win deals.
Most hard money loans offer interest-only payments, helping preserve cash flow while renovations are completed.
Experienced investors often secure better investment property financing terms through strong credit and project history.
Convert your rehab loan into long-term rental financing if your strategy changes from flipping to holding.
Fix & Flip vs. Conventional , Side by Side
| Feature | Fix & Flip (Hawk) | Conventional Mortgage |
|---|---|---|
| Primary Underwriting | ARV + Track Record | Personal Income + DTI |
| Purchase Leverage | Up to 90% LTC | 75–80% LTV |
| Renovation Funding | 100% of Budget | Not Available |
| Close Time | 7–10 Days | 30–60 Days |
| Loan Term | 12–18 Months, I/O | 15–30 Years |
| Prepayment Penalty | None | Sometimes |
| Tax Returns Required | None | 2 Years Required |
Ready to Fund Your Next Flip?
Tell us about your property, goals, and timeline and our team will get to work immediately. Depending on the deal details, we’ll respond with fix and flip loan options tailored to your exact scenario within 1-3 business days so you can compare your choices and move forward with confidence.
Get Answers Before You Apply
Can first-time flippers get approved?
Yes. While experienced investors get the best rates (starting 7.75%), many lenders offer programs for first-time flippers — typically with slightly lower leverage (up to 80% LTC) and higher rates. Having a strong credit score and a solid deal helps significantly. We'll match you to the right lender for your experience level.
How are rehab draws disbursed?
Rehab funds are held in a controlled escrow account and released in stages as construction milestones are completed. After each phase is finished, the lender will perform a digital or onsite inspection to verify the work, and funds are wired within 3–5 business days. This protects both the lender and the borrower.
What if my project goes over budget?
The primary responsibility always falls on the borrower, but a lender’s exact response depends entirely on how much room is left in the deal. It is important to make sure you have the correct budget with contingency built in, so as to avoid the need for additional funding midstream.
Can I flip multiple properties simultaneously?
Absolutely. There are no portfolio limits with fix and flip programs. In fact, experienced investors running 5–20 simultaneous flips often get better rates due to their track record. We have lenders specifically designed for high-volume operators.
What is the minimum and maximum loan amount?
Fix and flip borrowers frequently have minimum deal size questions — especially newer investors working in lower price-point markets. Our minimum loan size is typically $500K and we have no maximum loan amount.
What property types are eligible for fix and flip financing?
SFR, 2–4 unit, condos, townhomes, and small multifamily are all standard. Rural properties, mobile homes, and properties with extensive environmental issues are typically ineligible.
How is the After-Repair Value determined?
ARV is the single most important number in the entire transaction — borrowers need to understand that it comes from a lender-ordered or desktop appraisal using comparable sales data, not the investor's own estimate. This is also a source of deal-killing surprises when ARV comes in below expectations, and proactively addressing it builds trust.
What happens if I can't sell the property before the loan term expires?
This is the fear question every fix and flip borrower has but rarely asks. Addressing it directly — extension options, refinance into a DSCR or bridge loan, hardship provisions — removes anxiety and demonstrates that Hawk thinks through the full deal lifecycle with the borrower.
What if I can't sell before the loan term ends?
Most fix and flip loans offer extension options for projects that need additional time — typically in 3–6 month increments at a small fee. If the property is completed and tenanted but you prefer to hold rather than sell into a soft market, we can transition the loan into a 30-year DSCR refinance, giving you permanent financing and eliminating the maturity pressure entirely. We plan exit strategies with every client at the outset so you're never caught off-guard by a maturing loan.