Fix and Flip Financing
Specialized financing for property renovations and quick turnarounds with construction draws and ARV lending.
ARV Lending
Loan based on after-repair value
Rehab Included
Purchase + renovation in one loan
Fast Closing
Close in as little as 7–14 days
High Leverage
Up to 90% purchase, 100% rehab
Fix-and-flip financing covers the full project lifecycle — from acquisition through renovation to profitable exit.
Purchase
Acquire the distressed property
Renovate
Draw-based rehab funding
Complete
Finish improvements on timeline
List
Bring to market at ARV
Exit
Sell or refinance for profit
Loan Overview
Fix-and-flip financing covers both acquisition and renovation in a single loan structure. Approval is asset-based, focusing on the property's after-repair value and your renovation plan rather than personal income documentation.
Ideal For
- Distressed property acquisitions
- Properties needing full renovation
- Experienced and first-time flippers
- Quick-turnaround projects
- Investors with clear exit timelines
Ready to Fund Your Flip?
Submit your property details and renovation plan. We'll identify the right capital path.
Fix and flip financing is purpose-built for investors who acquire properties, renovate them, and sell for profit. We provide both acquisition capital and renovation funds, with draw schedules that align with your construction timeline and ARV-based lending that maximizes your leverage.
Purchase + Rehab Funding
Finance both acquisition and construction costs in a single loan with competitive leverage.
ARV-Based Lending
Leverage based on After Repair Value, not just purchase price, to maximize your capital efficiency.
Draw Schedules
Structured draw process that releases renovation funds as work progresses.
Fast Approvals
Quick underwriting and closing timelines to help you secure deals before competitors.
Capital strategy note
Fix-and-flip loans are short-term by design — exit planning is as important as acquisition financing. Our article on bridge loan maturity and exit planning covers what to do when a sale takes longer than expected or proceeds fall short. Investors who may hold a renovated property as a rental should also review the bridge vs. DSCR loans comparison to understand when converting to long-term rental financing makes more sense than a sale. For a detailed look at what capital partners require before approving a fix-and-flip loan, see the fix-and-flip loan requirements page.
Key Benefits
Representative Terms for This Loan Program
These terms are representative only and not a commitment to lend. Actual terms vary by deal, property, borrower, and market conditions.
Strategic Capital.
Structured Right.
Loan Amount
$75K - $3M
Purchase LTV
Up to 90%
Rehab Coverage
100%
ARV LTV
Up to 75%
Term
12-18 months
Rate
10-13% range
Credit Score
600+ minimum
Closing Time
7-14 days
Representative only. Final terms subject to underwriting.
Ideal For
Our Process
Submit Deal & Scope
Provide property details, purchase price, renovation scope, and estimated ARV.
Underwriting & Approval
We analyze the deal, verify ARV, and approve the total loan amount including rehab budget.
Closing & Initial Funding
Close on the acquisition and receive purchase funds. Rehab funds held in escrow.
Construction Draws
Submit draw requests as work progresses. Fast inspections and fund releases.
FLIP CAPITAL FLOW
How Fix-and-Flip Capital Works
Purchase
Asset-based approval. Loan covers acquisition at a percentage of ARV or purchase price.
Rehab Budget
Renovation costs funded via escrow. Scope and budget reviewed at underwriting.
Draw Releases
Funds disbursed in stages as completed work passes inspection.
ARV Review
After-repair value confirmed via appraisal. Guides maximum loan amount at inception.
Sale or Refi Exit
Property sold or converted to rental financing. Bridge loan repaid at closing.
Purchase
Asset-based approval. Loan covers acquisition at a percentage of ARV or purchase price.
Rehab Budget
Renovation costs funded via escrow. Scope and budget reviewed at underwriting.
Draw Releases
Funds disbursed in stages as completed work passes inspection.
ARV Review
After-repair value confirmed via appraisal. Guides maximum loan amount at inception.
Sale or Refi Exit
Property sold or converted to rental financing. Bridge loan repaid at closing.
Fix-and-flip financing depends on both the purchase basis and the exit value.
Related Resources
What Makes a Fix-and-Flip Deal Fundable?
Learn the key metrics lenders evaluate when underwriting renovation projects.
What Makes Any Deal Fundable
General guide to structuring deals that meet lender requirements and maximize approval odds.
Bridge Loan Options
Explore fast bridge financing options for time-sensitive property acquisitions.
Is fix-and-flip financing the right structure?
Best fit when
- Purchase basis and projected ARV support the loan amount
- Rehab scope and budget are clearly defined
- The sale or refinance exit is realistic within the hold period
Watch for
- Cost overruns beyond the rehab escrow allocation
- Draw delays — phased releases depend on inspection approvals
- Holding costs if the sale timeline extends beyond projection
Fix and Flip — Common Questions
Answers to questions investors frequently ask before exploring fix-and-flip financing options.
What is fix-and-flip financing?
Fix-and-flip financing is a short-term loan structure designed for investors who acquire properties with the intention of renovating them and selling for a profit. Unlike conventional mortgages, fix-and-flip loans are typically structured to cover both the acquisition cost and the renovation budget in a single facility. Approval is asset-based, focusing on the property's value, the renovation plan, and the projected after-repair value rather than personal income documentation.
Can rehab costs be included in the loan structure?
In many fix-and-flip loan structures, yes. Renovation costs can be incorporated into the total loan amount rather than requiring the investor to fund them separately. Rehab funds are typically held in escrow and released in draws as work is completed and inspected. The amount of rehab coverage available depends on the capital partner, the deal structure, and the relationship between the total loan amount and the property's after-repair value. Not all programs cover 100% of renovation costs.
What does ARV mean and why does it matter?
ARV stands for After Repair Value, the estimated market value of the property once all planned renovations are complete. It matters because many fix-and-flip lenders base their maximum loan amount on a percentage of ARV rather than just the purchase price. A higher projected ARV can support a larger loan that covers both the purchase and a substantial portion of the renovation costs. Lenders typically verify ARV through an independent appraisal before finalizing the loan amount.
Do investors need prior flipping experience?
Experience requirements vary by capital partner and program. Some lenders require a minimum number of completed flips, particularly for higher-leverage programs. Others will consider first-time flippers with relevant construction or real estate backgrounds, or when a borrower has a strong support team in place. In general, demonstrating knowledge of the renovation process, a realistic scope and budget, and a clear exit timeline goes a long way regardless of formal experience. Ascension Private Capital reviews borrower profiles alongside the deal before submission.
What should borrowers prepare before submitting a fix-and-flip scenario?
Before submitting, it helps to have the property address, the purchase price, a renovation scope with a cost estimate, the projected ARV, and the anticipated sale timeline. A brief borrower profile (including prior projects if applicable) is also useful. The more complete and realistic the deal summary, the faster a capital partner can evaluate it. Ascension Private Capital reviews fix-and-flip scenarios in advance to help investors identify how the deal is likely to be received and whether the structure needs to be adjusted before going to a lender.
Markets We Serve
Ascension Private Capital works with real estate investors across key U.S. markets. Financing availability and deal requirements vary by state and asset type.
View all markets — Financing options are subject to deal review, capital partner availability, and applicable requirements.
Capital Strategy Review
Ready to Get Started?
Submit your deal details and receive a preliminary decision within 24-48 hours. Our team is ready to review your opportunity.
Review Focus
- Deal structure
- DSCR or bridge fit
- Timeline and exit path
- Capital stack risk