Private Money
Fix & Flip
Business-purpose acquisition plus rehab for a California resale flip. Short term, interest-only, draws on inspection. Terms at lock.
Available throughout Southern California through Francisco Williams, CCIM, NMLS #1858674.
75%
Max LTV
$3,000,000
Max loan
Ideal borrower
Flippers with a rehab plan and a named exit.
Program highlights
- Purchase and rehab in one file
- Interest-only during the hold
- Rehab draws funded on inspection
- 6–18 month structure typical
Typical uses
- Fix-and-flip acquisition
- Auction / wholesale close
Frequently asked questions
- How does fix-and-flip financing work?
- A fix-and-flip loan funds acquisition and rehab on an investment property you intend to sell on a short clock. Draws fund as work is inspected. Interest-only during the term, balloon from sale proceeds. Leverage and points are overlay at lock — not a number from this page.
- Do I need experience to qualify?
- Experience dramatically improves pricing and maximum leverage. Most programs have experience tiers — someone with 5+ completed flips in the last 3 years gets substantially better terms than a first-timer. That said, strong first-time flippers with liquid reserves and a solid GC partner can still qualify.
- What's the typical rate and cost?
- Rate, points, and leverage are overlay at lock — not a number from this page. The product is short-term and asset-based, so it prices above a 30-year. Deal economics only work if after-repair value minus all costs still leaves a margin you can defend.
- Do fix-and-flip loans allow owner-occupancy?
- No — fix-and-flip is strictly investor product. Owner-occupied rehab goes through FHA 203(k), Fannie HomeStyle, or a construction-to-permanent loan. Mixing an owner-occupied purchase with fix-and-flip financing is fraud.
- How are rehab funds released on a fix-and-flip loan?
- Draws based on milestone inspections. Common draw schedule: 20% at framing, 20% at rough-ins, 20% at drywall, 20% at trim/paint, 20% at final. Each draw triggers a lender inspection to verify work completion. Plan cash flow around this — you're floating the work before getting reimbursed.
Program details shown are representative guidelines and subject to individual lender overlays and CFPB / agency requirements. Rates shown are illustrative and subject to change without notice. Actual rate, APR, and terms will depend on creditworthiness, loan-to-value, property type, occupancy, loan amount, loan program, and other factors. Not all applicants will qualify. This is not a commitment to lend; all loans are subject to credit approval, income and asset verification, and property appraisal.