Short-term
Fix and Flip Loans
Purchase-plus-rehab financing for investors renovating and reselling — funded at the speed a good deal demands.
A fix and flip loan is short-term financing — typically 6 to 18 months — for investors who buy a property, renovate it, and resell it for a profit. It funds both the purchase price and the renovation budget, with interest-only payments while the project is underway.
Fix and flip lending is underwritten on the deal: the purchase price, the rehab budget, and the after-repair value (ARV). Rehab funds are typically released in draws as work completes. Because opportunities in this market go to whoever can close, speed is the product — RynoLending closes fix and flip loans in as little as 7–14 days depending on the complexity of the deal.
Experience helps but is not required. First-time flippers may need a larger down payment or more reserves, while seasoned operators with a track record unlock higher leverage — the funnel guidance we underwrite to treats projects at or below roughly 70% of ARV as the strongest, with up to 80% workable case by case. When the renovation wraps, you either sell or refinance into a long-term DSCR loan if you decide to keep it as a rental.
At a glance
Fix and Flip Loans, in brief.
Covers
Purchase price + renovation budget
Term
6–18 months, interest-only
Underwritten on
Purchase, rehab budget, and ARV
Experience
First-timers welcome; leverage grows with track record
Property types
Single family, 2–4 unit, townhome, condo
Typical closing
As little as 7–14 days
Who it’s for
Built for investors like you.
Questions
Fix and Flip Loans FAQs
A fix and flip loan is short-term financing (typically 6–18 months) designed for investors who purchase properties, renovate them, and sell for a profit. These loans cover both the purchase price and renovation costs, with interest-only payments during the project.
In as little as 7–14 days depending on the complexity of the deal. Speed is the point of the product — pre-qualification is free and typically issued within 24 hours.
Not necessarily. We work with first-time investors as well as seasoned professionals. For newer investors we may require a larger down payment or reserves, and leverage improves as you build a track record.
Rehab funds are typically disbursed in draws as construction milestones are completed and verified, keeping the budget and the work in step.
You refinance the fix and flip loan into a long-term DSCR loan once the property is renovated and leased — the standard BRRRR exit. We handle both sides in-house.
Keep exploring
Related loan programs
Bridge Loans
Short-term capital that bridges the gap between securing your next property and selling the last one.
Learn moreGround-Up Construction Loans
Funding from land acquisition through final build — released in draws as your milestones are completed.
Learn moreDSCR Loans
Qualify on the property’s cash flow — not your personal income. Built for buy-and-hold investors growing a rental portfolio.
Learn moreLending in 23 states + DC — see everywhere we lend.
Ready when you are
Let’s close your next deal.
Pre-qualify in minutes — no fee, no obligation, answers within 24 hours.
Program terms, leverage, and timelines vary by scenario, property, and market conditions, and are subject to underwriting approval. RynoLending is licensed in 23 states and the District of Columbia. NMLS #2246059. This is not a commitment to lend.