Fix & Flip Loans

Overview

Strategic Value-Add Investing

Fix and Flip loans provide short-term financing to purchase and renovate residential properties for resale or aggregation designed around value creation. We fund both the acquisition and the rehab budget, so you can focus on executing your renovation plan and getting to market faster.

As a combination loan, we provide a day-one advance of capital based on the current value of the asset followed by requested draws against a submitted rehab budget. Our draw process is fast, transparent, and predictable through our Asset Management portal.

Loan Range

$125,000 to $5,000,000 per loan

Term

15-18 months

Complete Financing

Acquisition capital coupled with a rehab escrow

Closing Speed

As fast as two weeks

Why Ledger

What Sets Us Apart

Fund both acquisition and rehab in a single loan
Fast, reliable draw process with quick inspections
No prepayment penalties for quick turns
Competitive leverage on purchase price and ARV
Repeat borrower programs with improved terms

Ideal Borrower

You're a flipper with experience completing renovations. You have a property identified, a scope of work ready, and an itemized budget. You know your market and can estimate ARV with confidence.

We work with operators who are doing this as a business. If you're scaling your flip pipeline and need a reliable capital partner, we're built for that.

Program Details

Fix & Flip Loan Parameters

Max Purchase

Up to 90%

Max LTC

Up to 95%

Max LTARV

Up to 75%

Fix and flip loans offer up to 90% of the purchase price, up to 95% of loan-to-cost (LTC) including rehab, and up to 75% of the loan-to-after-repair-value (LTARV). The actual leverage depends on borrower experience, credit, and deal quality.

The minimum credit score for fix and flip programs is 680. We underwrite the deal holistically, so a strong project with a clear exit strategy can offset other factors.

No prior experience is required for fix and flip loans. We welcome both first-time flippers and seasoned operators. New investors may have slightly different leverage or rate tiers, but there is no minimum project count required.

Yes, non-recourse options are available on fix and flip loans for qualifying borrowers. Standard carve-outs apply. Contact our team to discuss non-recourse structuring for your specific project.