Brooklyn, NY · Fix & Flip Loans
Fix & Flip Loans in Brooklyn
Fund the purchase and rehab in one loan. 90% LTC, 75% ARV, close in 10–21 days.
Why Brooklyn investors choose 818
Brooklyn investors face the highest-priced 2–4 unit stock in the country outside Manhattan, paired with strong rent growth across Bed-Stuy, Crown Heights, East New York, and Bushwick. Getting the right loan structure — especially on a DSCR that actually cash-flows under NYC rent-stabilization rules — is the difference between a 10% cash-on-cash deal and a stranded asset.
Our edge here: We've closed DSCR loans on rent-stabilized Brooklyn buildings where national lenders auto-declined. Local DHCR registration and rent-roll underwriting expertise matters.
Fix & Flip Loans: Brooklyn terms
Term
6–18 month terms, interest-only
Leverage
Up to 90% LTC, 75% ARV
Credit minimum
660
Close time
10–21 days
Qualification
ARV and scope-of-work; liquidity ≥ 10% of loan
Ideal for
Active flippers running 1–10 projects a year, new flippers with one successful deal under their belt, investors rehabbing to refi into a DSCR (we pre-approve the exit), and BRRRR investors stacking flips into rentals.
Program details that apply in every market: Fix & Flip Loans — national program page
Purchase, rehab and exit
A Brooklyn fix-and-flip closing and draw checklist
A rehab budget and a rehab cash plan answer different questions. The budget describes the work; the cash plan shows who pays for it before each draw is released. Put both beside the acquisition and resale assumptions before committing to the project.
| Stage | What to confirm |
|---|---|
| Before the quote | Provide the contract, property photos, itemized scope, contractor bids and comparable sales supporting the proposed resale value. |
| Before closing | Separate the purchase advance, rehab holdback, closing costs, interest reserve and sponsor cash. Confirm title, insurance and the project approval status with the professionals handling the file. |
| Before the first draw | Confirm which costs must be paid before reimbursement, inspection requirements, draw fees, minimum draw amounts and who supplies invoices and payment evidence. |
| During construction | Track completed work against the budget. Keep change orders, contingency use and the remaining cost to complete visible before requesting the next draw. |
| Before the exit | Recheck net sale proceeds after selling and financing costs. If the backup is a rental refinance, support the rent and projected payment independently of the resale appraisal. |
Do the draw timing math before closing
Suppose the first phase costs $30,000 and the agreed structure reimburses eligible completed work after inspection. The project needs a source for that $30,000 before reimbursement, plus any inspection or draw charges and other costs due during the wait. A $100,000 rehab holdback does not, by itself, mean $100,000 is available on closing day.
This is an illustrative cash-timing example, not a description of every loan. Ask for the advance and reimbursement terms in writing, then test an inspection delay and a budget overrun against the cash available to finish the job.
Common questions — Brooklyn fix & flip loans
Does 818 Capital offer fix & flip loans in Brooklyn?
Yes. 818 Capital Partners is a direct private lender originating Fix & Flip Loans for investor properties throughout Brooklyn and the greater Kings County market. Fund the purchase and rehab in one loan. 90% LTC, 75% ARV, close in 10–21 days.
What are typical fix & flip loan terms in Brooklyn?
6–18 month terms, interest-only. Up to 90% LTC, 75% ARV. Minimum credit score 660. Typical close time: 10–21 days. Qualification: ARV and scope-of-work; liquidity ≥ 10% of loan.
What Brooklyn neighborhoods do you lend in?
We actively finance fix & flip loans across Bed-Stuy, Crown Heights, East New York, Bushwick, Sunset Park, and other submarkets of Kings County.
How fast can 818 Capital close a fix & flip loan in Brooklyn?
Our typical close time for a Fix & Flip Loans is 10–21 days. On urgent deals we've closed faster — ask for a same-day term sheet.
Other loan programs in Brooklyn
DSCR Rental Loans
30-year fixed. No personal DTI. Closes on property cash flow.
Short-Term Rental (STR) Loans
Underwritten on AirDNA revenue, not LTR shadow rents.
Apartment & Multifamily Loans
5+ unit apartment buildings. Bridge, value-add, and long-term.
Bridge Loans
Fast, flexible capital for time-sensitive acquisitions.
Ground-Up Construction Loans
Fund the build. Refinance into a DSCR on stabilization.
Fix & Flip Loans in other markets
Ready to close your Brooklyn deal?
Submit a scenario. We\'ll come back with a real term sheet — not a teaser rate — within 24 hours.