Fix & Flip Loans
Fast & Flexible Capital for Real Estate Investors and Rehabbers
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*Specializing in financing for single-family, multi-family, and distressed property rehabs nationwide.
Service Snapshot: Fix & Flip Loans
| Feature | Details for Fix & Flip Investors |
|---|---|
| Primary Loan Types | Fix & Flip, Rehab Loans, Renovation Financing, Bridge-to-Sale |
| 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), often including rehab costs |
| Target Property Types | Residential (1-4 units), Distressed Properties, Multifamily, Commercial (case-by-case) |
Why Choose Waterman Capital for Your Fix & Flip Projects?
The fix & flip market demands speed, an eye for potential, and agile financing. Traditional bank loans often can't keep pace with the rapid acquisition and renovation cycles, causing investors to miss out on profitable opportunities.
Waterman Capital offers a strategic advantage for your fix & flip ventures:
- Speed & Efficiency: Our streamlined application and underwriting process ensures you can secure properties and start your rehabs quickly, often closing within 3-10 business days. This speed is critical for competitive bidding and maximizing project timelines.
- Flexible Terms for Rehabs: We specialize in tailored hard money loans that account for both acquisition and renovation costs, structured to match the unique cash flow needs of a fix & flip project. We understand rehab budgets and draw schedules.
- Focus on Project Potential: Instead of relying heavily on your credit score, we assess the asset's after-repair value (ARV) and the project's profitability, making it easier for investors with strong project plans to get funded.
Frequently Asked Questions from Fix & Flip Investors
What is a fix & flip loan and how does it work?
A fix & flip loan is a short-term, asset-based loan designed specifically for real estate investors who purchase properties, renovate them, and then sell them for a profit. Unlike traditional bank loans, these are typically funded by private lenders like Waterman Capital, focusing on the property's After Repair Value (ARV) and the project's viability rather than just the borrower's credit score. We provide funds for both the acquisition and the renovation.
How quickly can I get funded for my fix & flip project?
Speed is paramount in the fix & flip market, and we prioritize it. For qualified projects, we can often fund loans in as little as 3-5 business days, with most fix & flip loans closing within 7-10 business days. Our efficient process ensures you can secure your deal and begin renovations without unnecessary delays.
What types of properties qualify for fix & flip loans?
We lend on a wide range of properties suitable for renovation and resale, including single-family homes, multi-unit residential properties (2-4 units), and often distressed or undervalued properties that require significant repairs to maximize their market value. Our focus is on the property's potential to generate profit after renovation.
Do you include renovation costs in the fix & flip loan?
Yes, our fix & flip loans are structured to cover not only the property acquisition but also a significant portion of the renovation costs. Funds for rehab are typically disbursed in draws as construction milestones are met, ensuring you have the capital you need throughout the project lifecycle. This allows you to manage your project effectively without upfront out-of-pocket expenses for renovations.
Ready to secure fast financing for your next Fix & Flip project?
Get pre-qualified or apply now for a fast and flexible fix & flip loan.
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