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Capituro
Home/Loan Programs/Fix and Flip
Short Term Rehab Financing

Fix and Flip
Loans.

Acquisition and rehab capital for non owner occupied residential property. Up to 100% LTC and up to 100% LTV, within 75% of after repair value.

Quote My DealFull Loan Matrix
Program Snapshot
$250K
Min loan
$5M
Max loan
100%
Max LTC
100%
Max LTV
Up to 100% LTC and 100% LTV, within 75% of ARV
12 month term, 6 month extension available
Interest reserves available, so you often have no monthly payments
Close in your LLC, no W2 income required
Program Overview

Capital That Funds Both Sides of the Deal

Fix and flip loans cover the two costs that matter on a value add residential project: the purchase price and the rehab budget. We can go up to 100% LTC and up to 100% LTV, as long as the loan stays within 75% of after repair value.

Loans are interest only, asset based, and underwritten primarily against the after repair value of the property. Borrower experience, FICO, and liquidity influence pricing and leverage, but personal income documentation is not required.

The program is built for active operators, but first time flippers with a solid contractor and scope of work are eligible at adjusted leverage.

Worth Knowing
Interest Reserves
We can add interest reserves to the loan so your monthly payment is covered through the project. For many borrowers that means no out-of-pocket payments while the flip is in progress, so more cash stays available for rehab and carrying costs.
Loan Matrix

The Numbers, Plainly

Program parameters for fix and flip financing. Final pricing and leverage depend on experience, credit, and the deal.

Loan Amount
$250,000 to $5,000,000
Max LTC
100%Combined purchase and rehab
Max LTV
100%Within 75% of ARV
Loan Term
12 months6 month extension available
Amortization
Interest onlyNo payments on undrawn rehab balance
Interest Reserves
AvailableCan be added so you effectively have no monthly payments
Rehab Funding
Up to 100%Reimbursed via draws against scope
Minimum FICO
650Lower considered with strong experience
Experience Tier
First time acceptedBest pricing at 3 plus completed projects
Eligible Entities
LLC, LP, S Corp, C CorpPersonal guaranty required
Origination Points
3 to 4 points
Prepay Penalty
NonePay off early with no fee
Note: Matrix represents typical fix and flip parameters. Actual leverage, rate, and structure depend on your experience, credit, the property, and the scope of work. LTC, LTV, and interest reserves vary by deal. A formal term sheet will reflect final terms after underwriting.
Eligible Property

Property Types We Finance

Single Family Flip

Detached SFR, the classic residential value add asset.

2 to 4 Unit Value Add

Duplex, triplex, and quad rehab including unit reconfigurations.

Condo and Townhome

Warrantable condos and townhomes accepted for residential rehab.

Cosmetic to Heavy Rehab

Paint and floors through full gut, including structural and additions.

Build to Rent Conversion

Acquire and renovate single rentals for portfolio takeout to DSCR.

Fix to Rent

Hold the asset and refinance into DSCR rather than sell at completion.

Not eligible: Owner occupied homes, mobile homes on leased land, raw land, and ground up new construction (see our New Construction program).
Confirm your property
Who Uses It

Built for Active Operators

Whether you flip one a year or twenty, the program scales to your cadence with repeat borrower discounts and pipeline pricing.

1

Experienced flippers

Pricing tiers reward track record. Documented exits unlock max leverage and best in class rates.

2

First time flippers

Eligible with a strong scope of work, licensed contractor, and reasonable rehab budget. Reduced leverage on first project.

3

Wholesalers turning principal

Pivot from assignment fees to retained equity. Light rehab projects underwritten quickly.

4

BRRRR investors

Buy, rehab, rent, refinance, repeat. Pair fix and flip with our DSCR program for the refinance leg.

5

Small builders adding inventory

Acquire teardowns or major rehab opportunities while building parallel ground up projects.

How It Closes

Typical Fix and Flip Timeline: 10 to 14 Business Days

01
Day 0 to 1

Scope and Term Sheet

Tell us about the deal. We can get you terms on fix and flips within minutes.

02
Day 2 to 5

Application + Appraisal

Sign term sheet, complete application, order appraisal with as is and ARV value.

03
Day 6 to 10

Underwriting

Borrower review, scope analysis, title and insurance cleared.

04
Day 11 to 14

Close + Fund

Acquisition funded at closing. Rehab funds held in escrow for draws.

Fix and Flip Questions

Frequently Asked

What does max LTC mean and how does it differ from LTV?+
LTC is loan to cost: total loan as a percentage of purchase plus rehab. LTV is loan to value, measured against after repair value. We can go up to 100% on both, as long as the loan amount stays within 75% of ARV. The lower of the two limits governs.
How is the rehab budget funded?+
You bring the rehab dollars to the table at closing, then we reimburse against completed work. Submit photos and an invoice for each line item; we inspect and wire the draw within 48 hours. Larger projects use a third party inspector.
What if my project goes over budget?+
Most files have a 10% contingency reserve. Beyond that, change orders are reviewed on a case by case basis. If the scope expands materially, we may need to re underwrite the file.
Do you require a licensed general contractor?+
A licensed general contractor is required on most fix and flip files we close. Our minimum project size is $250K, which puts most files into a scope where professional licensing is expected. Owner managed rehab is considered on a case by case basis when sponsor experience is strong.
What credit score do I need?+
650 minimum, 700 for best pricing tier. Experienced operators with 3 plus completed projects in the last 24 months can flex on credit at our discretion.
Can I extend if the project runs long?+
Yes. Most loans have a 6 month extension option at closing for a 1% fee. Beyond that, case by case.
Is there a prepayment penalty?+
No. Fix and flip loans have zero prepay penalty. Pay off the day the sale closes.
Related Programs

Other Programs

View all programs
Long Term

DSCR Rental

1 to 4 unit long term rental

Residential

New Construction

Residential ground up

Speed

Bridge

Fast close transition capital

Get Started

Have a Flip in Mind?

Tell us about the deal. We can get you terms on fix and flips within minutes.