Plan your next flip with the full deal in view.

It is short-term, business-purpose financing for an investment property purchase and renovation. Lenders review the property, price, rehab scope, projected resale value, borrower, and exit plan. The loan is generally repaid through a sale or an approved refinance, so the work schedule and payoff timing need to fit together.

Some programs consider first-time flippers. Your cash contribution, credit, property, project scope, contractor, and exit plan still need review. Experience can affect leverage and pricing. Tell us which parts of the project you will handle and who will complete the work so we can identify requirements to confirm.

The available amount depends on the lender’s limits for cost and value, the approved budget, your experience, and the property. Financing part or all of an eligible renovation budget does not mean every project cost is paid upfront. Plan for closing costs, reserves, contingencies, and cash needed between draw requests.

The lender typically holds renovation funds and releases them through draws after approved progress and verification. You may need to pay for work before reimbursement. Ask about eligible costs, inspections, draw fees, release timing, and documentation so your contractor schedule and working capital match the actual process.

Share your contract deadline and provide the property, purchase terms, scope, budget, value support, and borrower details early. The lender still needs to complete underwriting and any appraisal, title, insurance, or other conditions. We can identify missing items and discuss timing, but an initial review does not guarantee a closing date.

A refinance into a DSCR rental loan may be an alternative exit if the completed property and borrower qualify. Confirm rent evidence, appraisal, seasoning, cash needs, and payoff costs before relying on that plan. The refinance is a new approval, so assess it before committing to short-term debt.