Fix & Flip / Bridge
Short-Term Bridge Capital for Rehab Projects
Purchase + renovation in one loan. Our Flip Lab analyzes your deal at three ARV scenarios before you make an offer.
How Fix & Flip Loans Work
We finance up to 90% of the purchase + rehab (LTC) and up to 75% of the ARV. Draws released as work completes. 12–18 month terms with interest-only payments.
Example Scenario
Financing Options
Bridge Loan Programs Compared
More leverage = less cash out of pocket, but higher rates.
The 6-Month Flip Lifecycle
From close to cash — every month matters.
Carrying costs accumulate at ~$3,000/month — every month over budget costs you profit
Where Your Rehab Budget Goes
Based on $75,000 total rehab budget
ROI by ARV & Rehab Cost
$200K purchase. Green = strong. Yellow = caution. Red = pass.
| ARV | $60K | $75K | $90K |
|---|---|---|---|
| $350K | 95% | 60% | 24% |
| $375K | 155% | 124% | 83% |
| $400K | 215% | 183% | 143% |
Real Deal · Case Study
From Fire Shell to $2.1M: A Colleyville Heavy Rehab
Colleyville, TX · 5 bd / 4.5 ba · ~0.46 acre
A $2M+ Colleyville luxury home, gutted by fire down to the studs. Conventional and most private lenders won't touch a non-habitable “burnout.” We underwrote it to its finished value, funded 100% of the rebuild, and wired in 12 days.
The Challenge
This wasn't a cosmetic flip. After a fire, the home was stripped to the framing — uninhabitable, with no kitchen, systems, or interior. In lending terms it's a heavy rehab: the “as-is” condition isn't financeable by a conventional lender, and the construction scope ($750K) is nearly as large as the purchase price. The investor needed a lender who would underwrite the finished asset and carry the full construction risk — fast.
How We Structured It
We lend against the After-Repair Value (ARV) — what the property is worth once the renovation is complete — not just its damaged as-is condition. An independent appraisal put the ARV at $2,122,000. From there, 818 financed 100% of the construction and the bulk of the acquisition, sizing the loan to ~69% of ARV. We fund the entire $750,000 rebuild through a draw schedule so the investor's cash is never tied up in the build:
- 1Borrower completes a phase of work — framing, mechanicals, drywall.
- 2An inspector verifies the completed work against the Scope of Work.
- 3We release that draw — typically within 48 hours — reimbursing the cost.
- 4Repeat through completion. Funding tracks progress; risk stays aligned.
The Investor Economics
Because we size the loan to the After-Repair Value, the $1,456,500 advance covered 100% of the construction and most of the acquisition — and returned $121,145 in cash to the operator at the closing table. The result: the operator controls a $2.12M asset with effectively none of their own capital left in the deal.
Illustrative: $2,122,000 ARV − ~$1,535,000 all-in (purchase + construction) − ~$235,000 selling & financing costs ≈ ~$350,000 projected net profit. With the operator's cash recapitalized at closing, that spread is earned on effectively no remaining equity. Estimates only — every project varies.
The Deal at a Glance
$121K out
cash to the operator at closing
~$350K
projected net profit (illustrative)
See how this deal closed in 12 days →
The “Vision” image is an architectural rendering of the planned renovation, not a completed structure. Figures reflect a single funded transaction; individual results vary, and return figures are illustrative estimates only — not a projection or guarantee. Not a commitment to lend; all loans subject to credit approval, underwriting, and property qualifications.
Run Your Flip Through Flip Lab
Enter your purchase, rehab, and ARV. Our AI scores the deal at three scenarios.