Fix & Flip Loan

A Fix & Flip Loan is a type of short-term real estate investment financing that allows the borrower to purchase a property, make necessary renovations or repairs, and then sell it for a profit. These loans are popular among real estate investors looking to renovate a property quickly and sell it in a relatively short period, typically within a year. The loan amount is usually based on the After Repair Value (ARV) of the property, which is an estimate of the property’s value after all repairs and upgrades have been completed.

While these loans often come with higher interest rates compared to conventional mortgages, they offer faster approval and flexibility, making them an ideal choice for investors looking to capitalize on quick turnaround opportunities in the real estate market.