Built for deals with a
clear exit strategy.
A fix and flip bridge loan is short-term financing designed for one purpose: fund the acquisition and renovation of a property, then get repaid when you sell or refinance. It's not a 30-year mortgage — it's a tool for a specific deal lifecycle.
Lenders underwrite these loans on asset value, not personal income. What matters is the property — purchase price, rehab scope, and the after-repair value (ARV). If the deal pencils at the ARV, the loan works. Your W2 is largely irrelevant.
The core metric: Lenders look at LTC (Loan-to-Cost) — the total loan amount divided by total project cost (purchase + rehab). They also look at LTV against ARV. The lower both ratios, the more equity cushion in the deal.
Fix and flip bridge loans are structured as Business Purpose Loans — borrowed through your LLC against an investment property with a defined business purpose. This is what enables the speed and flexibility that conventional mortgages can't offer.
typical programs
often covered
experienced investors
Does your flip
pencil?
Run your numbers before submitting. This gives you a quick read on total project cost, cost-to-value, and gross profit. Illustrative only — actual terms depend on your full scenario.
ARV = After Repair Value — what the property is worth once renovations are complete. Use comparable sales or a broker's estimate if you don't have an appraisal yet.
What lenders actually
care about.
Fix and flip underwriting is deal-first. Here's how a lender looks at a value-add scenario:
Everything flows from the ARV. Lenders want to know what the property is worth after renovation, because that's the collateral they're underwriting against. A strong ARV with a well-supported purchase price makes the deal. A weak or unsupported ARV kills it.
LTC is the total loan divided by total project cost (purchase + rehab). LTV-to-ARV is the loan divided by the finished value. Most programs want LTC under 90% and LTV-to-ARV under 70–75%. The more equity in the deal relative to ARV, the cleaner the approval.
Lenders look at the rehab budget relative to the ARV lift. A $40k rehab that creates $120k in value is a strong story. A $100k rehab on a property that appreciates $80k raises questions. Experience matters too — investors with a track record of completed flips get more favorable terms and faster decisions.
Sell or refinance — lenders want to know your plan. A sale exit is straightforward. A refinance-to-rental exit (often called "BRRRR") requires showing the property will support a DSCR rental loan once renovated. Either is fine — just have a clear answer.
Have a deal in mind? Submit the property, purchase price, rehab estimate, and ARV. We'll tell you how the numbers look and what structure fits.
Submit My Deal →What a funded flip
looks like.
Tony has one completed flip under his belt. He found a single-family home listed below market — motivated seller, deferred maintenance, priced to move. Comparable renovated sales in the area are coming in around $380k.
His rehab estimate is $65k for cosmetic work plus a kitchen update. Total project cost: $285k. ARV: $380k. LTC: 75%. LTV-to-ARV: 68% on a 90% purchase loan. The numbers work.
He submitted the deal with the address, his numbers, and his LLC docs. Preliminary terms came back within 24 hours. He closed in 17 days — before the competing cash offer could get their proof of funds together.
Questions investors
actually ask.
Have a deal?
Let's look at it.
Submit your flip scenario — property, purchase price, rehab estimate, ARV. We'll give you a straight read on whether the deal works and what structure fits.