Fix & Flip Loans
Buy it, fix it, flip it — funded in days, not months.
Short-term, asset-based financing for residential investors. Lender funds your purchase plus the rehab, you renovate, then sell or refinance. Built for the property and the deal — not your W-2.
NMLS #2793908Based in MI · Licensed in FL, NCInvestor loans in 38 states
The basics
A short-term loan designed around the deal — not your tax returns.
A fix-and-flip loan funds an investor's purchase of a distressed property and most or all of the renovation budget. Because the loan is underwritten against the property's after-repair value (ARV) instead of your personal income, approval is fast and structured around the project: typically 6 to 18 months, interest-only, with the rehab budget held back and released in draws as work is completed.
Most investors close in an LLC, exit by selling the renovated home (the classic flip) or refinancing into a long-term DSCR loan to keep it as a rental (the BRRRR strategy). Either way, the goal is to get in, add value, and recycle your capital quickly.
Loan terms
The numbers, plainly stated.
Industry-typical ranges for 2026. Your final terms depend on credit, experience, and the deal — Max will lock your specific quote during pre-approval.
Industry-typical range for 2026. Your specific rate is priced from credit, experience, and the deal.
Paid at close. Charged on the total loan amount and may flex with leverage.
Leverage on the purchase price. Up to 100% of documented rehab cost is also financed via holdback.
Total loan capped against the after-repair value. The lender's downside protection.
12 months is most common. Extensions are typically available if your timeline slips.
Asset-based underwriting moves fast — bring a clean scope and a contractor estimate and you can close in under two weeks.
Who it’s for
Built for investors at every stage.
First-time flipper
Got the deal, ready to do the work. We'll walk you through what lenders need to see for project #1.
- Strong project + reserves can outweigh a thin track record
- Licensed contractor + clean scope unlocks better leverage
- Higher-tier rates available once you complete a flip
Experienced flipper
Volume pricing, faster underwriting, and sharper terms when you've got a track record of completed flips.
- Tier-based pricing on completed flips in 24–36 months
- Higher LTC and lower points for proven operators
- Streamlined re-approval on subsequent deals
BRRRR investor
Buy, renovate, rent, refinance, repeat. Use a fix-and-flip loan as the front end and roll into a long-term rental loan after stabilization.
- Stabilize the asset, then refi into a 30-year DSCR
- Recycle your capital into the next project
- We'll line up the exit financing alongside the bridge
The process
How a deal flows, end to end.
- 1
Pre-qualify
Quick conversation about you, the deal, and the rehab. We'll lock the structure before you go under contract.
- 2
Lender funds the purchase
At closing the lender funds the purchase and reserves the rehab budget in a holdback account.
- 3
You renovate
Pay your contractor, complete each scope phase, then submit a draw request to the lender.
- 4
Inspect & release draw
An inspector confirms the work, the lender releases the draw, and you move to the next phase.
- 5
Exit
List and sell, or refinance into a 30-year DSCR rental loan. Loan pays off, capital recycles.
Where Max lends
Three home markets. One playbook.
Max is based in Michigan and licensed for residential lending in Florida and North Carolina, with deep market knowledge in all three. Investment-property loans are available across 38 states — ask about yours.
MichiganMI
- Detroit revitalization driving consistent flip demand in core neighborhoods
- Strong submarkets: Detroit, Grand Rapids, Lansing, Pontiac–Waterford–Auburn Hills
- Conventional 30-year refi rates near 6% support strong BRRRR exits
FloridaFL
- Tampa, Orlando, and Jacksonville lead the state for active flip volume
- High-inventory pockets like Cape Coral and North Port reward disciplined buy boxes
- 2024 building code (impact glass, tie-downs) typically lowers post-rehab insurance
North CarolinaNC
- Charlotte median ~$390K with renovated comps clearing $450K+ in 30–45 days
- Raleigh tech-corridor demand keeps updated inventory moving fast
- Asheville and the Triangle round out the state's flip-friendly markets
What you’ll need
A quick readiness check.
Have these in hand before pre-approval and the process moves fast. Missing something? Max will tell you exactly what’s needed and when.
- Credit score 620+ (660+ unlocks the best pricing)
- Liquidity: 25% of rehab budget + closing, or roughly $15K + closing — whichever is greater
- Property under contract or identified, with comps and ARV thesis
- Licensed contractor with a written estimate and scope of work
- Clear exit plan — sale or DSCR refinance — with realistic timeline
- Entity ready to close (LLC is the norm for business-purpose loans)
FAQ
Common questions, straight answers.
Ready to fund your next flip?
Send the deal over and Max will line up the structure, leverage, and timeline. No credit pull on the initial conversation.