Fix & Flip Loans for Real Estate Investors
AFI Private Lenders provides fast fix and flip financing for real estate investors purchasing, renovating and reselling investment properties. Our hard money loans can help finance the acquisition and renovation of qualifying properties using an asset-based approach focused on the deal, property value and exit strategy.
Financing designed for investors who buy, renovate and resell property
Traditional banks may focus heavily on borrower income, long underwriting processes and the property's current condition. A fix and flip loan is structured specifically around short-term investment real estate and can consider the property's expected value after renovations are completed.
Purchase Financing
Finance the purchase of qualifying investment property without relying on a conventional mortgage process designed for owner occupants.
Rehab Funding
Qualifying construction and renovation costs may be incorporated into the overall loan structure and funded through draws.
ARV-Based Underwriting
AFI can evaluate the property's expected after-repair value in addition to the acquisition price and current condition.
Short-Term Capital
Fix and flip loans are generally structured as temporary investment financing intended to be repaid through resale or refinance.
A fix and flip loan starts with the strength of the real estate deal
AFI evaluates the property, acquisition basis, renovation plan, completed value, borrower equity and exit strategy to determine whether a transaction fits the lending program.
How a typical flip might be structured
Every deal is underwritten independently, but investors commonly use fix and flip loans to cover a portion of both acquisition and renovation costs while contributing their own equity.
Example only. Actual leverage, pricing, borrower contribution and eligibility depend on underwriting.
Why real estate investors use hard money for fix and flip projects
Investors often need financing that can move quickly and account for the property's future potential rather than only its current condition.
From property acquisition to payoff
Send the property address, purchase price, requested loan amount, estimated ARV and renovation budget.
The team reviews value, leverage, borrower equity, project scope, experience and exit strategy.
Qualifying transactions can move to a term sheet outlining the proposed loan structure and required diligence.
After title, valuation, documentation and other loan conditions are completed, the acquisition loan can fund.
Rehab funds may be released through approved construction draws as work is completed.
Repay the fix and flip loan through the sale of the renovated property or a qualifying long-term refinance.
Properties commonly financed with fix and flip loans
AFI can evaluate a variety of non-owner-occupied residential investment properties depending on the transaction, condition, location and proposed renovation plan.
Single-Family Homes
Traditional investor flips involving detached homes needing cosmetic, moderate or substantial renovation.
Townhomes
Investor purchases involving attached residential units in qualifying markets and associations.
Condos
Qualifying non-owner-occupied condominium units with a clear renovation and resale strategy.
2–4 Unit Properties
Duplex, triplex and four-unit investment properties may qualify under the appropriate AFI program.
Fix & Flip Loans Throughout Florida
AFI works with real estate investors throughout Florida, including major Central Florida, South Florida, Southwest Florida and Tampa Bay markets.
Common questions about fix and flip financing
Understand the basics of ARV, rehab financing, leverage, borrower experience and closing timelines before submitting your deal.
What is a fix and flip loan?
A fix and flip loan is short-term financing used by real estate investors to purchase and renovate investment property with the goal of reselling or refinancing the property after improvements are completed.
Can the loan include renovation costs?
Yes. Qualifying AFI transactions may include both acquisition financing and approved renovation funds. Rehab proceeds are typically controlled and released through a draw process.
What does ARV mean?
ARV means After Repair Value. It is the estimated market value of the property after the planned renovations are completed.
How much can AFI lend on a fix and flip?
AFI publishes fix and flip loan sizes up to $5,000,000 and leverage up to 70% of future value / ARV on qualifying transactions. Actual loan amounts and leverage depend on the individual deal.
Does AFI work with first-time flippers?
AFI states that first-time investors can be considered. The property, borrower equity, project scope, leverage and exit strategy all factor into underwriting.
How fast can a fix and flip loan close?
AFI publishes closing capability in as little as 7 days for qualifying transactions when title, valuation, documentation and other required diligence are completed.
Do I need good credit for a hard money loan?
Credit can be part of the underwriting process, but hard money loans typically place greater emphasis on the property, leverage, equity, project economics and repayment strategy than a conventional mortgage.
Can I refinance instead of selling the completed property?
Potentially. Investors sometimes complete a renovation and refinance the finished property into longer-term rental financing instead of selling it. Eligibility depends on the completed property and refinance program.
Does AFI offer fix and flip loans throughout Florida?
AFI provides private and hard money financing throughout Florida, including Orlando, Tampa, Miami, Fort Lauderdale, West Palm Beach, Boca Raton, Jacksonville, Fort Myers and other qualifying markets.
Found a property you want to flip?
Send AFI the property address, purchase price, rehab budget, estimated ARV and requested loan amount. Our lending team can review the project and discuss a potential fix and flip structure.