Fix and Flip Loans in Los Angeles
A fix and flip loan helps you buy a property and pay for repairs, so you can fix it up and sell it.
What Are Fix and Flip Loans?
With a fix and flip loan, one loan can cover the purchase and the rehab. That keeps more of your own cash free for the next deal.
These are short-term loans. You fix the property, then sell it or refinance it.
Our programs cover up to 90% of the purchase and up to 100% of the rehab on qualifying deals, for loans from $100K to $5M.
Who This Is For
- Investors flipping houses in Los Angeles
- Investors with a clear repair budget
- Flippers who want to keep cash for the next deal
- Investors who plan to rent after the rehab
What You May Need
Every lender asks for something different. Here is a common list:
- A signed application
- The purchase contract
- A renovation budget or scope of work
- Photo ID and entity papers
- Proof of insurance and recent bank statements
Serving Los Angeles and Nearby Cities
We help investors in Los Angeles, Inglewood, Culver City, Beverly Hills, West Hollywood, Santa Monica, Glendale, Burbank, Pasadena, East Los Angeles, Hawthorne, Compton, and Alhambra. See all our Los Angeles loans or see all areas we serve.
Questions We Hear a Lot
What is the difference between a fix and flip loan and a DSCR loan?
A fix and flip loan is short-term financing for buying and fixing a property to resell. A DSCR loan is based on rental income and is usually for long-term rentals.
Can I refinance a fix and flip loan into a long-term loan?
Yes. After the rehab is done and the property is stable, many investors refinance into a long-term DSCR or rental loan.
Does the loan cover the repairs?
On qualifying deals, yes. Your budget and plan decide how much.
Ready to talk about your deal?
Tell us about your deal. We will help you find the right loan.