Fix & Flip Loans — Close in Days, Not Weeks.
Days to Close
Max LTV of ARV
Month Term
BBB Rating
The deal won't wait
What Is a Fix and Flip Loan?
A fix and flip loan is short-term financing — typically 12–18 months — used to purchase and renovate a property with the intent to sell at a profit. The loan is sized against the after-repair value (ARV): the estimated market value of the property after renovation is complete, not what it’s worth today. This is what makes it possible to finance both the purchase and the rehab budget in a single loan.
Because these loans are asset-based, the underwriting focuses on the property and the deal — the ARV, the renovation scope, the exit strategy, and the borrower’s track record. Personal income and tax returns are not part of the qualification. If the deal makes sense and the numbers work, the loan can close in 7–14 business days.
Powerhouse Solutions structures fix and flip loans across the NY, NJ, CT, PA, & FL — single-family, multi-family up to 4 units, and in some cases small commercial. Whether the exit is a sale or a refinance into a DSCR rental loan, we finance the acquisition and renovation and get out of the way. See how fix and flip compares to hard money →
Who Fix & Flip Loans Are For:
- Investors purchasing properties to renovate and resell
- Buyers targeting distressed, dated, or undervalued properties
- Investors with a clear renovation scope and realistic budget
- BRRRR investors — buy, rehab, refinance into DSCR, repeat
- Anyone who needs ARV-based financing to cover purchase + rehab
- Experienced flippers scaling deal volume in the NY metro
- First-time flippers with a detailed scope, budget, and exit plan
Deal Criteria & How Loan Size Is Calculated
Asset quality and deal strength carry more weight than score. No income verification required.
Varies by deal LTV relative to ARV. Experienced flippers access higher LTV and lower down requirements.
Loan sized on after-repair value — covers purchase price + renovation budget in one loan.
Interest-only monthly payments. Extension options available. Full balloon at maturity, sale, or refinance.
Single-family, townhouses, condos, 2–4 unit properties.
Experienced investors unlock better LTV, better rates, and faster process. First-time flippers reviewed case-by-case with detailed scope of work.
Or refinance into permanent financing (DSCR, conventional). Clear exit required for approval.
How the Loan Is Sized — ARV-Based Lending:
Estimated value after renovation — verified by appraisal or BPO
Standard maximum — higher LTV available for experienced borrowers with strong deals
Covers $150K purchase + $100K rehab budget with $100K cushion — purchase and renovation in one loan
Full principal due at sale or refinance at loan maturity — no principal amortisation during the project
Why Investors and Flippers Choose Powerhouse Solutions
Send us the address, the ARV, the rehab budget, and your exit. We'll come back with a term sheet the same day. No waiting on committees, no credit pull to get started. If the deal makes sense, you'll know within hours — not days.
We control the full process in-house — underwriting, appraisal coordination, title. No third-party approval chains slowing the timeline. For experienced borrowers with clean deals, 7–14 business days is a real target, not a marketing claim. In today's market, that closing speed wins deals.
Asset-based underwriting means your personal income documentation stays out of it entirely. We look at the property, the ARV, your renovation plan, and your track record. That's the qualification. Self-employed investors, business owners, and active flippers with complex income structures qualify on the deal, not the tax return.
Renovation draws are one of the biggest friction points in fix and flip financing. Delayed inspections and slow draw disbursements stall projects and eat into margins. We manage draws efficiently with fast inspection turnaround — because we understand that every day a project sits idle costs real money.
Fix & Flip vs Hard Money — What's the Difference?
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Feature
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Fix & Flip Loan
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Hard Money Loan
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Primary Use
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Purchase + renovate + sell — specific transaction structure
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Any asset-based transaction requiring speed or flexibility
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Loan Sizing Basis
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After-repair value (ARV)
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Current as-is value (or ARV for renovation deals)
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Renovation Funding
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Built-in draw schedule — purchase + rehab in one loan
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Often purchase-focused; rehab may be a separate facility
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Term Length
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12–18 months typical
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6–24 months — flexible by deal
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Repayment Structure
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Interest-only monthly; balloon at maturity
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Interest-only monthly; balloon at maturity
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Income / Tax Returns
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Not required
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Not required
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Speed to Close at PHS
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7–14 business days
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3–10 business days for clean asset deals
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Not sure which structure fits your deal? Tell us the property and the plan — we'll recommend the right program.
Send Us the Deal. We'll Respond Today.
How Fast Can We Close? Here's the Process.
Send us the property details and your strategy. No lengthy applications, no unnecessary paperwork.
We review the deal, not just the borrower. You'll know where you stand within hours.
Direct lender means no broker delays, no committee approval chains. We control the speed.
When the deal is right, we close fast. 7–14 business days for clean deals with experienced borrowers.
What Our Fix & Flip Borrowers Say
Investors who needed speed — and got it.