Fix and Flip Loans
Fast, Flexible Capital for Your Real Estate Renovation Projects
Get Your Fast Fix & Flip Loan Quote
*Specializing in rapid funding for residential and commercial renovation projects nationwide.
Service Snapshot: Fix & Flip Loan Details
| Feature | Details for Fix & Flip Investors |
|---|---|
| Primary Loan Types | Fix & Flip, Rehab Loans, Bridge-to-Sell, Construction-to-Perm |
| Typical Funding Time | 5-10 Business Days (as fast as 3 for qualified projects) |
| Loan-to-Value (LTV) | Up to 75% ARV (After Repair Value) on purchase and rehab costs |
| Target Property Types | Single-Family Homes, Multi-Unit (2-4 units), Condos, Townhomes, Light Commercial |
Why Investors Choose Waterman Capital for Fix & Flip Projects
The fix and flip market demands speed, reliable capital, and a partner who understands the intricacies of property renovation. Traditional financing often falls short, leading to missed opportunities and stalled projects.
Waterman Capital offers a strategic advantage for your fix & flip success:
- Rapid Funding: Our streamlined application and underwriting process is designed for speed, allowing you to secure properties quickly and start your renovations without delay. Close deals in as little as 3-10 business days.
- Flexible Terms & Draw Schedules: We structure loans to cover not just the property acquisition, but also the renovation costs, with efficient draw schedules that align with your project's progress.
- Focus on ARV: Our lending is primarily based on the After Repair Value (ARV) of your project, allowing you to maximize leverage on properties with significant upside potential, regardless of their current condition.
- Investor-Friendly Expertise: We understand the unique challenges and opportunities in the fix and flip space, offering guidance and solutions tailored to real estate investors.
Frequently Asked Questions About Fix & Flip Loans
What is a fix and flip loan and how does it work?
A fix and flip loan is a short-term, asset-based loan specifically designed for investors looking to purchase a property, renovate it, and then sell it for a profit. Unlike traditional mortgages, these loans are often funded by private lenders, offering faster approvals and more flexible terms, covering both the purchase price and a significant portion of the renovation costs based on the property's After Repair Value (ARV).
How quickly can I get approved and funded for a fix and flip project?
We specialize in speed. For qualified fix and flip projects, we can often provide pre-approvals within 24-48 hours and fund loans in as little as 3-5 business days. Most fix and flip loans close within 7-10 business days, ensuring you can acquire properties swiftly and keep your project timelines on track.
What types of properties qualify for your fix and flip loans?
We lend on a wide range of property types suitable for renovation and resale, including single-family homes, multi-unit residential properties (2-4 units), condos, townhomes, and select light commercial properties. Our focus is on the property's investment potential and the viability of your renovation plan, rather than just the borrower's credit history.
Do your fix and flip loans cover renovation costs?
Yes, absolutely. Our fix and flip loan programs are structured to cover both the acquisition cost of the property and a significant portion of the renovation budget. We offer flexible draw schedules to release funds as your project progresses, ensuring you have the capital you need at each stage of the renovation process.
Ready to launch your next profitable Fix & Flip project?
Get pre-qualified or apply now for fast and reliable fix & flip financing.
Apply Now for Fix & Flip
