Bought the property with cash? A delayed purchase refinance can help return capital to your balance sheet within 6 months of the purchase, giving you more flexibility to fund renovations, cover carrying costs, or pursue another opportunity.
Fix and Flip Loans for
Real Estate Investors
LendFriend helps real estate investors finance property purchases and renovations with fix-and-flip loans designed for speed and dependable execution. We offer lending options across New Jersey, Connecticut, Texas, Georgia, and other markets, with closings in as little as 7 days to keep projects moving quickly.
Why Investors Choose LendFriend For Fast, Reliable Fix-and-Flip Financing
A strong fix-and-flip loan option gives you the ability to move on a property before another investor does, finance the renovation without tying up all of your available cash, and carry the project through resale or refinance. LendFriend helps investors secure short-term financing for the acquisition and rehab of single-family homes, condos, townhomes, and 2–4 unit properties, whether it's a cosmetic or total renovation project.
Closings in as Little as 7 Days
We move at your speed. When the property is under contract and you are ready to put shovels in the ground, LendFriend can close eligible fix-and-flip loans in as little as 7 days.
Hands-On Support From Start to Finish
Work directly with an experienced mortgage team that reviews the deal upfront, responds quickly, and stays involved from the initial quote through closing. We use real-time property and market data to streamline approvals, identify issues early, and help you compete with cash buyers without losing momentum.
Financing Built for the Project
Your financing is evaluated around the property, renovation plan, expected value after improvements, liquidity, credit, and investment experience. This gives investors access to loan options that reflect the actual deal and the work required to complete it.
Personalized Fix-and-Flip Loan Rates
LendFriend offers competitive, personalized fix-and-flip loan rates based on the property, rehab scope, borrower experience, and overall strength of the transaction. Our team helps you find financing that supports the immediate project and your broader investment goals.
Excellent Customer Reviews
Our customer reviews reflect the responsive communication, clear guidance, and dependable execution investors receive throughout the financing process. Clients know who to call, where their loan stands, and what is needed to keep the closing on track.
What Our Fix-and-Flip Loans Can Do
LendFriend Mortgage offers fix-and-flip financing that gives investors the speed, leverage, and flexibility to take on more ambitious renovation projects. From larger loan amounts and ARV-based lending to nationwide availability and support for BRRRR exits, our programs are built to help investors move from acquisition through completion with fewer financing constraints.
Fast-Track Acquisition
In competitive markets, speed matters. LendFriend offers fix-and-flip and bridge financing built for investors who need to move quickly on acquisitions, with eligible files closing in as little as 7 days.
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Loan Amounts Up to $5M
Experienced fix-and-flip investors may qualify for loan amounts up to $5 million on select transactions. LendFriend specializes in larger projects and high-value renovations that require more capital, more detailed planning, and a lender comfortable with complex rehab deals.
ARV-Based Leverage
Our fix-and-flip loans are underwritten with the finished project in mind. By looking at the property’s value after the renovation is complete, we can structure financing that supports the business plan and helps preserve more of your liquidity.
BRRRR Strategy Support
LendFriend helps investors finance the BRRRR strategy from purchase and renovation through the long-term DSCR refinance. Once the property is stabilized, we can help replace the short-term loan with DSCR loan based on rental cash flow.
No Traditional Income Qualification
These loans are designed for investment properties, so the focus is on the deal itself. Instead of relying on W-2 income or full tax return-style qualification, lenders look closely at the property, rehab scope, liquidity, credit, and investor experience.
Available Nationwide
LendFriend offers fix-and-flip financing across the country, with particular strength in markets like New Jersey and Connecticut. We also lend in major investor markets across Texas, Georgia, and many other states.
Get a Fix-and-Flip Loan Estimate
See what your financing could cost before you move forward. Share a few details about the property, purchase price, and renovation budget, and LendFriend will provide a clear estimate of available fix-and-flip loan rates and lender fees.
Your estimate can include:
- Interest rate
- Origination fees
- Estimated closing costs
- Monthly interest payment
- Cash needed at closing
Submit your project details to get a personalized rate and fee estimate.
Our Fix-and-Flip Loans Are Ideal For...
Experienced Investors Scaling Their Portfolio
Investors taking on multiple projects or higher-value renovations can use fix-and-flip financing to preserve capital, increase buying power, and keep more cash available for the next opportunity.
First-Time Flippers With a Strong Deal
New investors with a well-planned renovation and clear exit strategy may be able to qualify even without a long track record. LendFriend helps present the property, budget, and business plan clearly to the lender.
Investors Buying Distressed Properties
Fix-and-flip loans are well suited for properties that need repairs before they can be resold or refinanced. Financing can cover the purchase and eligible renovation costs in one loan.
BRRRR Investors Planning a DSCR Refinance
Investors using the buy, rehab, rent, refinance, repeat strategy can finance the acquisition and renovation upfront, then transition into a long-term DSCR loan once the property is stabilized and generating rental income.
Investors Competing in Fast-Moving Markets
In markets like New Jersey, Connecticut, Georgia, and Texas, speed can determine who gets the deal. LendFriend helps qualified investors move quickly with financing built for time-sensitive acquisitions.
Fix-and-Flip Loans for Every Investment Scenario
LendFriend provides fix-and-flip financing for investors purchasing a new property, recovering capital after a recent cash purchase, or refinancing a property they already own. We help align the loan with the transaction so investors can preserve liquidity and keep the project moving.
New purchase
Finance the acquisition and renovation of a new investment property with one short-term loan. LendFriend helps investors move from contract to closing with financing built around the purchase, rehab plan, and expected value after completion.
Delayed purchase refinance
Seasoned finance
Already own the property? LendFriend can refinance existing debt and provide additional financing for the remaining renovation work, helping you complete the project and prepare the property for resale or long-term rental.
Documents Required for a Fix and Flip Loans
Fix-and-flip loans do not require traditional income documentation, but you will need a clear package covering the borrower, property, renovation plan, and available funds.
Loan Application: A completed application with details on the borrower, property, purchase, and proposed loan
Government-Issued ID: A valid driver’s license, passport, and Social Security verification for each guarantor
Entity Documents: Articles of organization, operating agreement, EIN letter, and certificate of good standing when borrowing through an LLC or corporation
Purchase Contract or Payoff Statement: The signed purchase agreement for an acquisition or current payoff information for a refinance
Rehab Budget and Scope of Work: A detailed breakdown of planned renovations, labor, materials, permits, and projected costs
Investor Track Record: A list of completed flips, renovated rentals, and current investment properties when experience is used for qualification
Asset Statements: Recent bank, investment, retirement, or business account statements showing funds for the down payment, closing costs, reserves, and any required contribution toward renovations
Property Documents: Title, insurance, appraisal, and project review documents required to confirm the property value and renovation plan
Get Started on Your Fix And Flip Loans
LendFriend helps real estate investors secure fix-and-flip financing in active markets such as New Jersey, Connecticut, Texas, and Georgia, where speed, leverage, and reliable execution can make the difference in winning the deal. We work with investors financing purchases, renovations, and refinance scenarios, with flexible options for everything from straightforward rehab projects to larger, more complex flips.
Fix-and-Flip Loan FAQs
How fast can a fix-and-flip loan close?
LendFriend can close eligible, well-documented fix-and-flip loans in as little as 7 days. Speed depends on how quickly we receive the purchase contract, renovation budget, borrower documents, title work, insurance, and property valuation.
How much can I borrow with a fix-and-flip loan?
Loan amounts typically start at $250,000 and can reach $5 million for many qualified transactions. Experienced flippers may be considered for loan amounts up to $5 million on select high-value renovation projects.
What credit score is required for a fix-and-flip loan?
LendFriend generally works with real estate investors who have a credit score of at least 680. Stronger credit can improve available leverage, pricing, and loan options, while newer investors or more complex renovation projects may need a higher score.
What property types qualify for fix-and-flip financing?
Eligible properties may include single-family homes, townhomes, condos, PUDs, and 2–4 unit investment properties. The property must be non-owner occupied and located in an eligible market with sufficient resale demand.
Can a fix-and-flip loan cover the purchase and renovation?
Yes. Fix-and-flip financing can combine the property acquisition and approved renovation budget into one short-term loan. Renovation funds are typically released through draws as completed work is inspected.
How do renovation draws work?
Rehab funds are generally held in escrow and released after specific work is completed. The investor submits a draw request, an inspection confirms the completed work, and approved funds are released according to the loan terms.
How much experience do I need to qualify?
LendFriend works with first-time, emerging, established, and professional investors, but available leverage and loan size depend heavily on experience. Investors with more completed projects generally receive access to larger loan amounts and more competitive financing options.
Do fix-and-flip loans require tax returns or W-2 income?
Traditional employment income is generally not the primary qualification factor. The lender focuses more heavily on the property, renovation plan, projected value after repairs, borrower liquidity, credit, and investment experience.
What is after-repair value?
After-repair value, or ARV, is the estimated market value of the property after the planned renovation is complete. Lenders use the ARV, along with the purchase price, current property value, and rehab budget, to determine the maximum available loan amount.
Can I use a fix-and-flip loan for a heavy renovation?
Yes. Financing may be available for light and heavy renovations, including major additions, changes in use, and substantial rehab budgets. Larger or more complex projects typically require stronger experience, higher credit, detailed plans, and a professional project review.
Can I refinance a property I purchased with cash?
Yes. A delayed purchase refinance may allow you to recover capital from a property acquired with cash within the previous 6 months. This can help replenish liquidity for renovations, carrying costs, or another acquisition.
What happens if I decide to keep the property as a rental?
LendFriend can help refinance the completed project into a long-term DSCR loan once the property is stabilized and generating rental income. This supports investors using the buy, rehab, rent, refinance, repeat strategy.
Are there prepayment penalties on fix-and-flip loans?
Prepayment terms vary by program or lender. Some loans may require a minimum interest period (i.e., 3 month minimum), while others may offer greater payoff flexibility. LendFriend reviews the available terms upfront so investors understand the cost of selling or refinancing early.
What Borrowers Say About LendFriend Mortgage
5/5 Star Reviews on Google, Zillow, and Experience.
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LendFriend is the only place to go for mortgage brokerage services. Their unparalleled technical knowledge, relationships with a wide array of lenders, and outstanding service make them the absolute best place to secure your next mortgage.
Robert Daake
Closed March 2025 -
I am so grateful for Micheal and his team. As a first time homebuyer with multiple businesses, I was very nervous about the loan process. Anyone who’s self employed knows loan processes for us are more extensive but LendFriend made it an ease. From getting a great rate to closing, they made clear communication and were extremely helpful .... They are truly amazing people to have on your team. Thank you Micheal, Morgan and Crystal.
Annie Momin
Closed September 2024 -
LendFriend has been an outstanding lending partner, reliable, transparent, and incredibly easy to work with. Their team made the entire process smooth from start to finish, always available to answer questions and guide us through each step. I highly recommend LendFriend to anyone looking for a trustworthy and efficient lender.
Trung Nguyen
Closed June 2025 -
I had a great experience working with Eric and his team @ LendFriend. As a CEO/business owner my personal finances can be complex. Eric was able to bring me a tailored solution that met my needs without making the process unnecessarily clunky or painful. I highly recommend Eric and his team if you’re looking for alternative solutions with great rates.
Andrew Didier
Closed August 2024 -
Eric and his team are great! They helped me get the best rate and were incredibly proactive on getting me the best deal as the market was changing. I will definitely work with him again and highly recommend anyone else that has questions about real estate to give him a call and he will do his best to understand and provide you the best outcome
Blake
Closed May 2024