Fix & Flip Loans
Fast, flexible financing for your next flip. Get pre-approved in as little as an hour and close in days.
Loan Highlights
Up to 70% LTV
Loan-to-value up to 70% of current as-is value
Can close as quick as same day
Fast underwriting and closing, title permitting
Flexible Deal Sizes
Small to large, we can structure it
All Property Types
Residential, commercial, and mixed-use properties
What is a Fix and Flip Loan?
A fix and flip loan is a short-term financing solution designed for real estate investors who purchase properties, renovate them, and sell for a profit. Unlike traditional mortgages that can take 30-45 days to close, fix and flip loans are structured for speed - often closing in 5 or fewer days, even same day. These loans are typically interest only with 12 to 24 month terms and no prepayment penalty, giving investors time to complete renovations and sell the property, while also rewarding a quick turnaround and a successful flip.
Written by Management Team
Principal at LTV Equity
Our Fix & Flip Underwriting Process
Property Analysis
We evaluate the as-is value, after-repair value (ARV), and your renovation budget. Our team has hands-on construction experience, so we understand realistic rehab costs and timelines.
Borrower Review
We look at your track record with similar projects. First-time flippers are welcome with a solid plan and sufficient equity in the deal.
Market Assessment
Our local expertise means we understand neighborhood dynamics, comparable sales, and realistic holding periods for your exit strategy.
Basic Requirements
We keep our requirements simple so you can move fast on deals.
Frequently Asked Questions
How much experience do I need for a fix and flip loan?
While we prefer borrowers with at least one completed project, we work with newer investors who have strong deals and sufficient equity. A solid renovation plan and realistic ARV projections are more important than years of experience.
What is the typical interest rate on fix and flip loans?
Rates vary based on leverage, borrower experience, and deal specifics. Our rates are competitive with the Tampa Bay private lending market. Contact us with your specific deal for accurate terms.
Can I finance the renovation costs?
Yes, we can include renovation costs in the loan so long as there is sufficient equity to meet loan-to-value (LTV) requirements.
What happens if my project takes longer than expected?
We understand that construction timelines can shift. We offer extension options and work with borrowers proactively to avoid issues. Communication is key - keep us informed and we will work with you.
Other Loan Programs
Serving Tampa, St. Petersburg, and Clearwater