Fix & Flip Loans
Short-term, asset-based financing to buy and renovate investment properties.
- Financing for purchase and rehab, subject to underwriting
- Distressed and non-livable properties considered
- Exit by selling or refinancing into a rental loan
How fix and flip financing works
A fix and flip (hard money) loan is short-term financing secured by the property itself. It is built for investors buying a property that needs work, or when timing is tight and a traditional loan won't fit.
Your renovation money is set aside at closing and released in draws as work is completed. When the project is done, you sell to pay off the loan, or keep the property and refinance into a long-term DSCR rental loan with Beltway.
What we need for a quote
- Property address and type
- Purchase price or as-is value
- Total rehab budget
- After repair value (ARV)
- Project timeline
- Estimated credit score
- Similar projects in the past 3 years
Highlights
For investors, by investors. We invest in real estate ourselves.
Purchase and rehab
Finance the purchase and your renovation, subject to underwriting.
Built for real projects
Distressed and non-livable properties are considered.
Draws as you go
Rehab funds are released as work is completed, after an inspection.
Short terms
Typically 6 or 12 months, sized to your project.
New investors welcome
No experience required; more experience can mean better terms.
A clear exit
Sell, or refinance into a 30-year DSCR rental loan with Beltway.
From deal to exit
Tell us the deal
Price, rehab budget and ARV.
Get your terms
We review the deal and come back with a quote.
Close and renovate
Request draws as each stage of work is finished.
Sell or refinance
Pay off with the sale, or move into a long-term rental loan.
Have a deal? Let's talk it through.
Get a quote online or call our team.
