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Guide

How to compare fix and flip lenders

Fix and flip lenders vary a lot on leverage, speed and how they pay draws. Here is how to compare them side by side.

Get my terms Dallas hard money lender

100%of purchase price

100%of rehab budget

70%of after-repair value

5 daysto close

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Your loan amount shows as you type. Send the deal and a loan officer follows up.

Full name

Mobile phone

Property address

Purchase price

Rehab budget

Sale price when finished

Closing date

Houses flipped and sold in the last 3 years

Credit score estimate

Your loan amount

$240,000

Purchase and rehab funded100%

Loan to sale price when finished67%

You bring toward purchase and rehab$0

Highest purchase price for 100% funding$192,000

Closing5 days

Get my terms

Estimate only. Loan amount is the lower of 100% of purchase plus rehab or 70% of the sale price when finished (after-repair value). Minimum loan $150,000. Business-purpose loans on investment property.

Five things to compare

Leverage. What share of purchase and rehab do they fund, and what is the after-repair value cap?
Speed. How many days to close, and how many days to pay a draw?
Total cost. Rate, points and every fee, over your expected hold time.
Draw process. Who inspects, how fast, and how many draws?
Certainty. Do they lend their own money or broker it out?

Red flags

Large upfront fees before you get a term sheet
Terms that change right before closing
Slow draws that stall your contractor
No clear answer on who funds the loan

Our terms

100% of purchase and rehab up to 70% of after-repair value, loans from $150,000, closings in about 5 days on Dallas–Fort Worth flips. See Dallas fix and flip loans.

Hard money loans across Dallas–Fort Worth

We lend on investment houses throughout the DFW metroplex, in Dallas, Tarrant, Collin, Denton and surrounding counties.

DallasFort WorthArlingtonPlanoGarlandIrvingMesquiteGrand PrairieRichardsonCarrolltonDentonMcKinneyFriscoLancasterDeSotoDuncanville

Questions investors ask

Straight answers about fix and flip lenders.

What is a good fix and flip loan?

One that funds enough of your cost, closes fast, pays draws quickly and has a total cost that still leaves you a profit.

How much of a Dallas flip will you fund?

100% of the purchase price and 100% of the rehab budget, as long as the total loan is no more than 70% of the after-repair value.

What is the smallest loan you make?

Loans start at $150,000.

How fast can you close?

We can close in about 5 days once we have the contract, the rehab budget and title is open.

Have a Dallas flip under contract?

See your loan amount now and send us the deal.