Fix and flip
Fix and flip loans in Nevada and Arizona
Purchase and rehab financing for investors who buy homes to renovate and resell. Fix and flips have been our bread and butter for 24 years.
Who it’s for
- Investors buying single-family homes, condos, townhouses or small multifamily to renovate
- Value-add projects where the plan and the numbers make sense
- Repeat flippers who want a lender that knows their track record
- Deals on a tight timeline where a fast, local decision matters
What we look at
- The property and its value after the renovation
- Your down payment or the equity you bring
- The scope of work and renovation budget
- Your exit: resale or refinance
- Your experience, especially for larger projects
Loans from $50,000 to $35 million. Rates generally 9% to 14%, with most loans priced 12% to 14%, and typically 3 to 4 points. Loan-to-value and overall risk drive the rate and points.
Where we lend
Residential investment property in Nevada, including Las Vegas, Henderson, Pahrump, Mesquite and Reno, and in Arizona. Commercial property in Nevada, Arizona and many other states.
Business-purpose loans on investment and commercial property only. We do not offer owner-occupied or personal loans.
Loans we have funded
What to have ready
- Purchase contract, or the current loan balance for a refinance
- Property details and current photos
- Scope of work and budget for any rehab or construction
- LLC or entity documents for the borrowing entity
- Recent bank statements showing your down payment or reserves
- A government-issued ID for each signer
How it works
- 1
Tell us about the deal
Apply online or call. Share the property, the amount you need and your plan.
- 2
Get terms
A local loan officer reviews the property, your equity or down payment and your exit, then walks you through terms.
- 3
Close through escrow
Sign your documents and close through a title and escrow company.
- 4
Servicing
Your loan is serviced by a bonded and insured servicing company that collects payments and handles payoff figures.
Common questions
Do you lend to first-time flippers?
Yes, when the property, the equity and the plan support the deal. Experience helps on larger projects, and a strong down payment or contractor team can make up for a shorter track record.
Can I flip a home I plan to live in?
No. We make business-purpose loans on investment property only. We do not offer owner-occupied or personal loans.
How fast can you close?
We have closed in under 24 hours when documentation was complete. Timelines vary with title, escrow and the deal itself.*
Have a fix and flip deal?
Talk with a local loan officer today. Se habla español.