What Is a Fix-and-Flip Loan and How Does It Work Through a Wholesale Broker?
A fix-and-flip loan is short-term financing (typically 6-18 months) designed specifically for real estate investors who purchase distressed or undervalued properties, complete renovations, and either sell for a profit or refinance into long-term financing. The loan structure typically covers the purchase price plus a portion or all of the renovation costs, with rehab funds released through a controlled draw schedule as work is completed and inspected.
The wholesale broker advantage for fix-and-flip financing mirrors the same structural advantage brokers provide for all mortgage products: access to multiple competing lenders rather than one. A direct hard money lender offers their single product at their single price point. A wholesale mortgage broker like Mo Abdel at Lumin Lending accesses fix-and-flip programs from dozens of institutional lenders, comparing rates, points, LTV limits, rehab holdback terms, draw inspection requirements, and extension policies across the entire market. The result is a better-structured, lower-cost loan for the flipper on every project.
The fix-and-flip lending market has evolved significantly over the past five years. What was once dominated by local hard money lenders charging premium rates and fees has been disrupted by institutional capital entering the space through wholesale channels. These institutional fix-and-flip programs offer lower rates, higher leverage, standardized draw processes, and more predictable closing timelines than traditional hard money. Investors who still go directly to hard money lenders without comparing wholesale options are leaving money on the table.
How ARV-Based Lending Works for Fix-and-Flip Projects
Maximum Loan = ARV × Maximum LTV Percentage
ARV (After Repair Value) = The estimated market value of the property after all planned renovations are completed, determined by a licensed appraiser based on comparable recently sold properties.
Conservative: 65% ARV
$650K ARV × 65% = $422,500
Lower leverage, best rates
Standard: 70% ARV
$650K ARV × 70% = $455,000
Balanced leverage and pricing
Aggressive: 75% ARV
$650K ARV × 75% = $487,500
Maximum leverage, higher rates
7 Key Facts About Fix-and-Flip Loans Every Investor Should Know
- 1Short-term by design — fix-and-flip loans are structured for 6-18 month terms, not 30-year holds; the property must be sold or refinanced within the loan term
- 2ARV-based underwriting — loan amounts are based on the After Repair Value, not just the purchase price, allowing financing of both acquisition and renovation
- 3Draw schedule for rehab funds — renovation money is released in stages as work is completed and verified through inspections
- 4Interest-only payments — most fix-and-flip loans require only interest payments during the loan term, reducing monthly carrying costs
- 5Experience matters — borrowers with a track record of completed flips access better rates, higher leverage, and more flexible terms
- 6LLC vesting typically allowed — most fix-and-flip lenders allow entity vesting, providing liability protection during the renovation period
- 7Extension options available — most programs offer 3-6 month extensions for an additional fee if the project timeline exceeds the initial term
Fix-and-Flip Loan Options: Hard Money vs Wholesale vs Bridge vs DSCR Exit
Multiple loan products serve the fix-and-flip investor, each designed for a different phase of the project lifecycle. Understanding which product fits which situation is the difference between a profitable flip and a money-losing one. In our California and Washington closings with fix-and-flip investors, matching the right product to each deal is where the wholesale broker advantage delivers the most value.
| Product | Best For | Typical LTV | Term | Draw Schedule | Exit Strategy |
|---|---|---|---|---|---|
| Hard Money | Speed; low documentation; first-time flippers | 60-70% ARV; 80-90% purchase | 6-12 months | Varies; less structured | Sell or refinance |
| Wholesale Fix-Flip | Lower rates; higher leverage; experienced flippers | 70-75% ARV; 85-90% purchase | 9-18 months | Structured 3-5 draws | Sell or refinance |
| Bridge Loan | Acquisition speed; light rehab; gap financing | 65-75% as-is value | 6-12 months | Typically none (lump sum) | Sell, refinance, or permanent loan |
| DSCR After Rehab | Hold as rental; BRRRR exit; long-term income | 75-80% of new appraised value | 30-year fixed or ARM | N/A (permanent loan) | Hold and collect rent |
| Cash-Out After Rehab | Recapture rehab investment; fund next flip | 70-75% of new appraised value | 30-year fixed | N/A (permanent loan) | Hold and recycle capital |
Note: Rates, terms, LTV limits, and qualification requirements vary by lender. ARV and as-is values are determined by licensed appraisers. Actual renovation costs and resale values vary by market, property condition, and scope of work. Contact a licensed loan officer for current program details.
Fix-and-Flip Scenario Analysis: Projected Returns by Deal Size
Understanding the economics of a fix-and-flip project requires modeling all costs — acquisition, renovation, financing, holding, and selling. The scenarios below illustrate how different deal sizes produce different return profiles. These are illustrative examples only; actual renovation costs, resale values, holding costs, and market conditions vary significantly by location and property.
| Deal Component | Scenario A: Starter Flip | Scenario B: Mid-Range Flip | Scenario C: High-Value Flip |
|---|---|---|---|
| Purchase Price | $400,000 | $600,000 | $800,000 |
| Estimated Rehab Budget | $100,000 | $150,000 | $200,000 |
| Total Project Cost | $500,000 | $750,000 | $1,000,000 |
| Estimated ARV | $650,000 | $950,000 | $1,250,000 |
| Loan Amount (70% ARV) | $455,000 | $665,000 | $875,000 |
| Cash Required (Down + Excess Costs) | ~$45,000 | ~$85,000 | ~$125,000 |
| Est. Holding Costs (6 months)* | ~$30,000 | ~$45,000 | ~$60,000 |
| Est. Selling Costs (6% of ARV) | ~$39,000 | ~$57,000 | ~$75,000 |
| Est. Gross Profit (Before Tax) | ~$81,000 | ~$98,000 | ~$115,000 |
*Holding costs include estimated loan interest, property taxes, insurance, and utilities during the renovation period. These are illustrative projections only. Actual renovation costs, resale values, holding costs, and market conditions vary significantly by location, property condition, and market timing. No profit is guaranteed. Contact Mo Abdel at (949) 822-9662 for a personalized deal analysis.
Hard Money vs Wholesale Fix-and-Flip Loans: Why the Source Matters
The distinction between hard money lending and wholesale fix-and-flip programs is fundamental to understanding why experienced flippers increasingly choose the wholesale channel. Hard money lenders are typically local, private individuals or small companies who lend from their own capital or a small investor pool. Their underwriting is fast and flexible, but their pricing reflects the concentrated risk and limited capital base.
Wholesale fix-and-flip programs are operated by larger institutional lenders who sell their loans on the secondary market or securitize them. Because they access capital markets for funding, their cost of capital is lower, and they pass those savings to borrowers in the form of lower rates and fees. These institutional programs are accessed through wholesale mortgage brokers who submit deals on behalf of their investor clients.
5 Ways Wholesale Fix-and-Flip Programs Beat Traditional Hard Money
- 1Lower interest rates — institutional capital markets pricing results in rates below what local hard money lenders charge, because the cost of funds is lower
- 2Higher leverage (LTV) — wholesale programs often offer 70-75% of ARV compared to 60-70% from hard money, meaning less cash out of pocket per deal
- 3Lower origination fees — wholesale programs typically charge 1-2 points origination versus 2-4 points common in hard money
- 4Standardized draw process — institutional programs have predictable, efficient draw schedules with clear inspection protocols, reducing delays in accessing rehab funds
- 5Longer initial terms with extensions — 12-18 month terms with 3-6 month extension options provide more project timeline flexibility than typical 6-9 month hard money terms
When Hard Money Still Makes Sense
- • Extreme speed requirements: Hard money can close in 5-7 days when wholesale programs need 10-21 days
- • First-time flippers with no experience: Some hard money lenders are more lenient with inexperienced borrowers than institutional programs
- • Unusual property types: Properties that institutional lenders will not finance (severe distress, environmental issues, title problems) may still qualify for hard money
- • Very small loan amounts: Some institutional programs have minimum loan amounts of $100,000-$150,000; hard money lenders may fund smaller deals
- • Relationship lending: Repeat borrowers with established hard money relationships may have negotiated favorable terms that compete with wholesale pricing
How Fix-and-Flip Draw Schedules Work: Accessing Renovation Funds
The draw schedule is one of the most critical operational components of a fix-and-flip loan. Renovation funds are not disbursed as a lump sum at closing. Instead, the lender holds rehab funds in escrow and releases them incrementally as work is completed, verified by a third-party inspector. This protects both the lender (ensuring money is spent on improvements) and the borrower (providing a structured funding mechanism for each project phase).
Typical 4-Draw Schedule for a Fix-and-Flip Project
Draw 1: Demolition and Structural (25% of rehab budget)
Covers demolition of existing finishes, structural repairs, foundation work, and framing. Inspector verifies all demo is complete and structural work meets plans.
Draw 2: Mechanical Systems (25% of rehab budget)
Covers electrical rough-in, plumbing rough-in, HVAC installation, and any systems upgrades. Inspector verifies mechanical work is complete and passed local inspections.
Draw 3: Interior Finishes (30% of rehab budget)
Covers drywall, flooring, cabinetry, countertops, tile work, painting, and fixtures. Inspector verifies all finish work is substantially complete.
Draw 4: Final Completion and Exterior (20% of rehab budget)
Covers landscaping, exterior paint, final punch list items, and project completion. Final inspection confirms the property matches the approved scope of work and is ready for sale or occupancy.
Draw Schedule Best Practices for Flippers
- • Front-load your cash reserves: You will need cash to fund initial work before the first draw is released; plan for 25-30% of rehab costs out of pocket upfront
- • Build in a 10-15% contingency: Renovation projects routinely exceed initial budgets; having a contingency prevents draw schedule shortfalls
- • Schedule inspections promptly: Delays in requesting draw inspections create cash flow gaps; request inspections the day work is complete
- • Document everything: Photos, receipts, and contractor invoices speed up draw approvals and reduce inspector questions
- • Negotiate draw timing in the loan terms: A wholesale broker can negotiate faster draw processing (5-7 business days vs 10-14 days at some lenders)
The BRRRR Strategy: Buy, Rehab, Rent, Refinance, Repeat — How Wholesale Brokers Power Each Step
The BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat) is the dominant portfolio-building method for real estate investors who want to hold properties long-term rather than sell after renovation. Instead of flipping the property for a one-time profit, BRRRR investors renovate the property, place a tenant, refinance out of the short-term fix-and-flip loan into permanent financing, and use the recovered capital to fund the next acquisition.
A wholesale broker is uniquely positioned to power the BRRRR strategy because the method requires two different loan products: a fix-and-flip loan for the acquisition and rehab phase, followed by a DSCR loan for the permanent hold phase. A wholesale broker structures both transactions from the beginning, ensuring the exit refinance is pre-planned and the DSCR loan terms are favorable before the project even starts.
BRRRR Strategy: Step-by-Step with Wholesale Broker Financing
B — Buy
Purchase a below-market-value property using a wholesale fix-and-flip loan. The loan covers the purchase price (85-90% LTV) and a portion of rehab costs (up to 75% ARV total).
R — Rehab
Complete the planned renovations using draw schedule funds from the fix-and-flip loan. Improve the property to maximize both market value and rental income potential.
R — Rent
Place a qualified tenant at market rent. A signed lease demonstrates income for the DSCR refinance and establishes the property as an income-producing asset.
R — Refinance
Refinance the fix-and-flip loan into a DSCR loan based on the new appraised value (post-renovation) and rental income. The DSCR loan qualifies on the property's rental income alone — no personal income documentation. The new appraisal reflects the renovated value, often allowing you to recover most or all of your initial investment.
R — Repeat
Use the recovered capital (from the DSCR refinance cash-out) to fund the down payment on the next fix-and-flip acquisition. The cycle repeats, building your portfolio with each iteration.
BRRRR Capital Recovery Example
Result: The investor recovers $55,000 of the original $75,000 cash investment, leaving only $20,000 of capital permanently deployed in the property. The property now cash-flows as a long-term rental with a DSCR loan, and the recovered $55,000 funds the down payment on the next BRRRR acquisition. This example is illustrative; actual values depend on market conditions, appraisal results, and lender terms.
Fix-and-Flip Loan Qualification: What Lenders Evaluate
Fix-and-flip lenders evaluate a combination of borrower experience, creditworthiness, project viability, and exit strategy. Unlike conventional mortgages where income documentation is the primary focus, fix-and-flip underwriting emphasizes the deal quality and the borrower's ability to execute the renovation plan successfully.
Borrower Experience
Lenders classify borrowers by the number of completed flips: first-time, 1-3 flips, 4-10 flips, and 10+ flips. More experience unlocks higher leverage, lower rates, and reduced documentation requirements. Providing a track record (HUD settlement statements from prior flips) strengthens any application.
Credit Score
Most wholesale fix-and-flip programs require 660-680 minimum credit scores. Borrowers with 720+ scores access the best rates and highest leverage. Hard money lenders may accept lower scores but charge premium rates to compensate.
Scope of Work and Budget
A detailed scope of work (SOW) with itemized costs is required by all fix-and-flip lenders. The budget should include line items for every renovation category: demolition, structural, electrical, plumbing, HVAC, finishes, landscaping, and contingency. Realistic budgets from experienced contractors strengthen approval.
ARV Validation
Lenders order an appraisal that includes both the as-is value and the ARV based on comparable sales of renovated properties in the same area. The ARV must be supported by recent comps to justify the loan amount.
Liquidity and Reserves
Lenders require cash reserves beyond the down payment to cover holding costs, unexpected expenses, and draw funding gaps. Typical reserve requirements are 3-6 months of projected carrying costs. Having documented reserves demonstrates the ability to complete the project even if unexpected costs arise.
Exit Strategy
Every fix-and-flip lender wants a clear exit plan: sell the property at ARV, refinance into a DSCR loan, or refinance into a conventional mortgage. A pre-identified exit strategy demonstrates the borrower's planning and reduces lender risk. The BRRRR exit (refinance into DSCR) is increasingly popular and well-understood by institutional fix-and-flip lenders.
Fix-and-Flip Market Opportunities in California and Washington in 2026
California and Washington present distinct opportunities for fix-and-flip investors due to high property values, strong buyer demand, and significant price appreciation in renovated properties. The higher entry costs in both states are offset by larger potential profit margins per flip. In our California and Washington closings with fix-and-flip investors, successful projects consistently outperform the national average return per flip because of the value spread between distressed and renovated properties.
6 California and Washington Fix-and-Flip Market Advantages
- 1High ARV ceilings — renovated properties in California coastal markets and Seattle metro command premium prices, supporting larger profit margins on each flip
- 2Strong buyer demand — move-in-ready renovated properties sell faster in supply-constrained California and Washington markets than in less competitive regions
- 3ADU potential — California's favorable ADU regulations allow flippers to add accessory dwelling units during renovation, significantly increasing ARV and rental income potential for BRRRR exits
- 4BRRRR viability — high rental demand in both states supports strong DSCR ratios for the refinance phase, making the hold-instead-of-sell strategy viable in most sub-markets
- 5Aging housing stock — a significant portion of California and Washington homes were built before 1980, creating a large inventory of properties that need renovation and modernization
- 6Multiple exit strategies — high-value markets support selling at ARV, BRRRR to hold, or converting to short-term rentals for maximum income — giving flippers multiple profitable exit paths
Fix-and-Flip Risk Management: Protecting Your Investment
Fix-and-flip investing carries inherent risks that experienced investors manage through careful planning, conservative underwriting, and adequate reserves. Understanding these risks and building them into your project analysis separates profitable flippers from those who lose money.
Budget Overruns
Renovation projects routinely exceed initial budgets by 10-20%. Build a contingency line item into every project budget. Experienced flippers budget 15% contingency on top of their scope of work estimate. Actual renovation costs vary by market, property condition, contractor availability, and material prices.
Timeline Delays
Permits, inspections, contractor scheduling, weather, and unexpected structural issues all extend project timelines. Every month of delay adds holding costs (interest, taxes, insurance). Structure your fix-and-flip loan with adequate term length and extension options.
Market Value Fluctuations
The ARV is an estimate based on current market conditions. If the market shifts during your renovation period, the actual resale value may differ from the projected ARV. Conservative underwriting means not depending on market appreciation for your profit — buy at a price that works even if the market is flat.
Contractor Issues
Unreliable contractors, quality issues, and scope disagreements are common. Use licensed, insured contractors with verifiable track records. Structure payments to align with completed work (never pay for work not yet performed). Having backup contractor relationships prevents project stalls.
People Also Ask About Fix-and-Flip Loans and Wholesale Brokers
How much money do I need to start flipping houses?
Most flippers need $40,000-$150,000 in cash to start, covering the down payment, closing costs, initial rehab costs before the first draw, and reserves. The exact amount depends on the purchase price, rehab budget, and leverage available from the fix-and-flip loan. Higher-leverage wholesale programs reduce the upfront cash requirement compared to traditional hard money.
Can I get a fix-and-flip loan with no experience?
Yes, first-time flipper programs exist from both hard money lenders and select wholesale fix-and-flip programs, typically with higher down payments and lower LTV limits. First-time flippers strengthen their applications by partnering with an experienced contractor, presenting a detailed scope of work with realistic budgets, and demonstrating adequate cash reserves.
What is the 70% rule in house flipping?
The 70% rule states that an investor should pay no more than 70% of a property's ARV minus renovation costs. For example, if a property's ARV is $600,000 and rehab costs are $100,000, the maximum purchase price would be $320,000 ($600,000 × 70% − $100,000). This rule builds in profit margin and accounts for holding and selling costs.
How do I transition from flipping to holding rental properties?
The BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat) is the standard method for transitioning from flip-to-sell to flip-to-hold rental investing. After completing renovations, you place a tenant and refinance from the short-term fix-and-flip loan into a 30-year DSCR loan. The DSCR loan qualifies on rental income alone, and the refinance recovers capital for the next acquisition.
Do I need a contractor license to flip houses in California?
In California, property owners can perform renovations on their own property without a contractor license, but hiring licensed contractors is strongly recommended for permitted work. Work requiring permits (structural, electrical, plumbing) must be inspected and approved by the local building department. Using unlicensed contractors creates liability risk and can affect resale and refinancing.
Can I flip a house while working a full-time job?
Yes, many successful flippers manage projects while working full-time by hiring a general contractor to oversee day-to-day renovation work. The investor handles acquisition, financing, and project management decisions while the contractor executes the physical work. This approach requires a reliable contractor relationship and clear communication on scope, timeline, and budget.
What are the tax implications of flipping houses?
Flip profits are generally taxed as ordinary income (not capital gains) because the IRS considers flipping a business activity rather than a passive investment. Self-employment tax may also apply. The tax treatment depends on your specific situation, frequency of flipping, and entity structure. Consult a qualified tax professional for guidance on your flip tax strategy.
How does a wholesale broker compare fix-and-flip loans from different lenders?
A wholesale broker evaluates each deal across multiple lender programs, comparing rates, origination fees, LTV limits, draw schedules, term lengths, extension options, and experience requirements. The broker submits the deal to the lender whose program best matches the specific property type, borrower experience level, and project scope. This comparative analysis is the core value a broker provides to fix-and-flip investors.
Frequently Asked Questions: Fix-and-Flip Loans Through Wholesale Brokers
What is a fix-and-flip loan and how does it work?
A fix-and-flip loan is short-term financing (typically 6-18 months) designed for investors who purchase distressed properties, renovate them, and sell for a profit. The loan covers the purchase price and often a portion of the renovation costs. Funds for rehab are released through a draw schedule as work is completed and verified by inspections. The loan is repaid when the property is sold or refinanced into permanent financing.
How is a wholesale fix-and-flip loan different from hard money?
Traditional hard money lenders are local, direct lenders who fund from their own capital with minimal underwriting but charge premium rates and fees. Wholesale fix-and-flip programs are offered by institutional lenders through broker channels, with more structured underwriting, lower rates, and standardized draw processes. A wholesale broker accesses multiple fix-and-flip programs simultaneously, comparing rates, LTV limits, and draw terms across the market.
What does ARV mean and how do lenders use it for fix-and-flip loans?
ARV stands for After Repair Value, which is the estimated market value of the property after all renovations are completed. Fix-and-flip lenders base their loan amounts on a percentage of the ARV (typically 65-75%) rather than just the current as-is value. For example, a property purchased for $400,000 with an ARV of $650,000 could support a loan of $422,500-$487,500 at 65-75% of ARV, potentially covering both purchase and rehab costs.
How does the draw schedule work on a fix-and-flip loan?
A draw schedule releases renovation funds in stages as work is completed. The typical process is: complete a phase of work (demolition, framing, electrical, plumbing, finishes), request a draw from the lender, lender sends an inspector to verify completed work, and funds are released for that phase. Most lenders require 3-5 draw inspections throughout the project. Renovation funds are held in escrow and released incrementally to protect both the lender and borrower.
What credit score do I need for a fix-and-flip loan?
Fix-and-flip loan credit requirements vary by lender type. Hard money lenders may accept scores as low as 600-620 with higher rates. Wholesale fix-and-flip programs typically require 660-680 minimum for standard pricing and 700+ for the best rates. Experience level also matters: first-time flippers face stricter requirements than investors with a track record of successful projects.
How much down payment is required for a fix-and-flip loan?
Most fix-and-flip loans require 10-20% of the purchase price as a down payment, with the total loan including rehab costs capped at 65-75% of the After Repair Value. First-time flippers typically need 15-20% down, while experienced investors with successful track records may qualify for 10-15% down. Some programs allow cross-collateralization with other properties to reduce cash out of pocket.
Can I use a fix-and-flip loan for a property I plan to keep as a rental?
Yes, this is the foundation of the BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat). You use a fix-and-flip loan to purchase and renovate the property, then refinance into a DSCR or conventional long-term loan once renovations are complete and the property is rented. The fix-and-flip loan is paid off through the refinance, and you hold the property long-term as a cash-flowing rental.
What is the typical interest rate on a fix-and-flip loan in 2026?
Fix-and-flip loan rates vary significantly by lender, borrower experience, credit score, and loan-to-value ratio. Hard money rates are typically higher than wholesale fix-and-flip rates. The rate spread between the most expensive and least expensive fix-and-flip program for the same borrower profile can be substantial. A wholesale broker compares rates across multiple lenders to find the most competitive pricing for each specific deal.
How long does it take to close a fix-and-flip loan?
Fix-and-flip loans are designed for speed. Hard money loans can close in 5-10 business days. Wholesale fix-and-flip programs typically close in 10-21 days. The primary timeline drivers are the appraisal (both as-is and ARV), title work, and insurance. Experienced flippers with repeat lender relationships can sometimes close even faster through streamlined processes.
Do I need flipping experience to get a fix-and-flip loan?
Experience requirements vary by lender. Some hard money lenders fund first-time flippers with higher down payments and lower LTV limits. Wholesale fix-and-flip programs typically prefer borrowers with at least 1-2 completed flips, though some offer first-time flipper programs with additional guardrails. Having a licensed contractor, detailed scope of work, and realistic budget strengthens any application regardless of experience level.
What happens if my fix-and-flip project takes longer than expected?
Most fix-and-flip loans include extension options (typically 3-6 months) for an additional fee. If the project exceeds the maximum loan term, you may need to refinance into a different short-term product, negotiate with the lender for additional time, or sell the property in its current condition. Experienced brokers structure initial loan terms with adequate buffer for unexpected delays, which are common in renovation projects.
Can a wholesale broker get me a better deal on a fix-and-flip loan than going direct to a hard money lender?
In most cases, yes. A wholesale broker accesses fix-and-flip programs from multiple institutional lenders who compete on rate, LTV, and terms. Direct hard money lenders offer only their own product at their own price. The rate and fee savings from wholesale access often exceed the broker's compensation, resulting in a lower total cost of capital for the flipper. Additionally, brokers can match each deal with the lender whose program best fits the specific property type, location, and borrower profile.
Expert Summary: Wholesale Brokers Give Fix-and-Flip Investors a Competitive Edge in 2026
The fix-and-flip market in 2026 rewards investors who execute efficiently and finance intelligently. Going directly to a single hard money lender means accepting their one product at their one price. Working with a wholesale broker means accessing institutional fix-and-flip programs from dozens of lenders, with lower rates, higher leverage, standardized draw processes, and more favorable terms on every deal.
As a wholesale mortgage broker, Mo Abdel at Lumin Lending structures both the fix-and-flip acquisition financing and the DSCR refinance exit for BRRRR investors, creating a complete capital stack from purchase through long-term hold. Whether you are flipping your first property or your fiftieth, the wholesale channel delivers better economics on every project.
Related Fix-and-Flip & Investment Property Resources
Mo Abdel | NMLS #1426884 | Lumin Lending, Inc. | NMLS #2716106 | DRE #02291443
Equal Housing Lender. All loans subject to credit approval, underwriting guidelines, and program availability. Terms and conditions apply. This is not a commitment to lend. Information is for educational purposes only and does not constitute financial or investment advice. Fix-and-flip loans, hard money loans, bridge loans, and DSCR loan programs have different guidelines, rates, and qualification requirements that vary by lender and are subject to change without notice. Real estate investment involves risk, including the potential loss of invested capital. No profit or return on investment is guaranteed. Actual renovation costs, project timelines, resale values, and rental income vary by market, property condition, contractor performance, and market timing. Past performance is not indicative of future results. ARV projections are estimates based on comparable sales and are not guarantees of future value. Consult a qualified financial advisor and tax professional before making investment decisions. Contact a licensed loan officer for personalized guidance. Mo Abdel, NMLS #1426884, is licensed in California and Washington.