Buy it. Fix it. Sell it.
Fix and Flip Loans for Real Estate Investors
Fix and flip loans help investors buy a property and fund repairs, then sell it. We broker business purpose loans for flips in many states.
The Funding ClinicMailing address: 5665 W. Wilshire Blvd #1506, Los Angeles, CA 90036(844) 524-3863 · Mon–Fri 9:00 AM–5:00 PM
01 / Understand the loan
What to Know About Fix and Flip Loans
What is your plan for the property?
A fix and flip loan is short-term financing for buying a property that needs work and paying for the renovation. Lenders look closely at the purchase price, the budget, and your plan to resell.
Some programs release rehab money in stages as work is finished. Terms, costs, and the experience a lender wants from you vary, so we help you compare options before you make an offer.
02 / See how it fits
Who It Helps
- Investors flipping houses for resale
- Buyers taking on a renovation project
- Investors who want purchase and rehab funded together
- Newer investors who want to talk through a first deal
What to Have Ready
Requirements differ by lender and program. These items often come up:
- A completed loan application and credit authorization
- The contract and details of the property
- A repair budget and scope of work
- Your plan and timeline for selling
- Proof of funds for the down payment and reserves
03 / Wherever your deal is
Fix and Flip Loans in Many States
We work with investors by phone and video, so you can book a call from wherever your property is. We can broker business purpose loans in the states below. Programs, terms, and availability depend on the lender and the state.
- Alabama
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Hawaii
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Mississippi
- Missouri
- Nebraska
- New Hampshire
- New Mexico
- New York
- Ohio
- Oklahoma
- Pennsylvania
- Rhode Island
- South Carolina
- Texas
- Vermont
- Washington
- West Virginia
- Wisconsin
- Wyoming
Investing in Los Angeles? See Fix and Flip Loans in Los Angeles or see where we work.
04 / A little clarity
Common Questions
Can the loan cover repairs?
Many programs include money for rehab. How it is paid out depends on the lender.
Do I need flipping experience?
Some lenders prefer it and some work with newer investors. We will tell you which programs may fit.
How is a fix and flip loan different from a DSCR loan?
A flip loan is short-term for buying and renovating to sell. A DSCR loan is for holding a rental, using its income.
How soon should I call?
Before you sign a contract, if you can. We can talk through the numbers and timing early.
05 / Explore your options
Other Investor Loans
Know Who You’re Working With
The Funding Clinic is a mortgage broker. We arrange loans funded by third-party lenders. View our BBB business profile to learn more about our company. Read our Google reviews
Your next move starts here
Ready to talk about your deal?
Tell us about your deal. We will help you find the right loan.
The Funding ClinicMailing address: 5665 W. Wilshire Blvd #1506, Los Angeles, CA 90036(844) 524-3863 · Mon–Fri 9:00 AM–5:00 PM