Acquisition plus renovation
Eligibility and structure depend on the complete borrower, property and transaction profile.
Home / Loan programs / Fix-and-Flip Loans
Investor & Non-QM
Fix-and-Flip Loans
Short-term business-purpose financing for acquisition and eligible renovation of property intended for resale or another defined exit.
Nationwide qualifying business-purpose investment-property financing
Who it is built for
Start with the actual use case.
Experienced or well-prepared investors with a credible scope, budget, timeline and exit.
Key decision
Budget contingency, draw mechanics, interest carry and realistic after-repair value are more important than a perfect spreadsheet.
Auction or fast close
Eligibility and structure depend on the complete borrower, property and transaction profile.
Value-add resale
Eligibility and structure depend on the complete borrower, property and transaction profile.
The direct answer
How this program works.
Fix-and-flip debt funds an eligible acquisition/rehabilitation plan for a business-purpose investment. Underwriting must account for completion cost and a credible sale exit.
Compare the alternative
Compare flip-to-sale with a fix-to-rent exit and the separate financing each needs.
Illustrative example
A $200,000 acquisition plus $50,000 repairs is $250,000 before interest, fees, holding costs and sale expenses. A $300,000 exit price is not $50,000 net profit.
Important boundaries
- After-repair value is not guaranteed.
- Draw timing and overruns can require additional cash.
Source checked October 9, 2026: Kiavi — Bridge loan lender example ↗. Published guidance is educational; lender examples do not establish RedZone availability.
General structure
What gets reviewed.
- Business-purpose loan secured by an eligible investment property
- Property cash flow, rent support or approved alternative documentation
- Sponsor credit, liquidity, experience and required reserves
- Acceptable entity, appraisal, insurance and title structure
Potential advantages
Where it can work.
- Qualification may focus more heavily on the property or business purpose
- Structures may support acquisition, stabilization, renovation or portfolio growth
- Nationwide lender access can create multiple capital paths
Limitations
Where it can break.
- Programs, terms and property eligibility vary by lender and jurisdiction
- Prepayment provisions, recourse and reserves require careful review
- This category is not for owner-occupied consumer-purpose transactions
First-pass file map
Bring enough information to get a real answer.
The point is not to collect every document before a conversation. It is to avoid pricing a fantasy version of the transaction.
- 01Contract and repair scope
- 02Itemized budget and contractor records
- 03Experience, liquidity and sale assumptions
Program FAQs
Direct answers, clean qualifiers.
Who is Fix-and-Flip Loans designed for?
Experienced or well-prepared investors with a credible scope, budget, timeline and exit.
What can Fix-and-Flip Loans be used for?
Fix-and-Flip Loans may be considered for purchase, renovation, bridge, subject to the property, borrower, lender and jurisdiction.
What should I prepare for a Fix-and-Flip Loans review?
A useful first review commonly includes contract and repair scope, itemized budget and contractor records, experience, liquidity and sale assumptions. The final list depends on the selected lender and transaction.
What is the most important decision with Fix-and-Flip Loans?
Budget contingency, draw mechanics, interest carry and realistic after-repair value are more important than a perfect spreadsheet.
Is Fix-and-Flip Loans automatically available if I meet general guidelines?
No. Every transaction remains subject to credit, property, documentation, lender, program and jurisdiction approval. Published information is educational, not a commitment to lend.
Related financing lanes
Compare before you commit.
Property and jurisdiction first
Find out whether this lane fits the real transaction.
Content updated October 9, 2026 · Source checks do not constitute lending/compliance approval · Product availability and guidelines require transaction-specific confirmation · This is not a commitment to lend.