Fix and flip investor preparing a modern living space during a home renovation with unfinished walls and tools

Investor Rehab Financing

Fix & Flip Loans for Real Estate Investors

Financing for buying, rehabbing, and exiting a distressed or value-add property. Review your fix-and-flip — or your path to rent and refinance — with Matt Dean at NEXA Lending.

Review My Fix & Flip Scenario Open the Calculator

No credit pull to start · Revised scenario review · Not a commitment to lend

Fix & Flip Path

Investor

1 Buy the distressed / value-add property

2 Rehab with scope, budget & estimated ARV

3 Exit: Sell, Refinance & hold, or Rent & refinance

Common exit

Fix → Rent → Refinance into a DSCR loan — a natural bridge to the BRRR strategy.

Educational planning only. Loan availability, structure, and terms vary by lender, borrower, and property — scenario review required.

Quick Answer

What is a fix-and-flip loan?

A fix-and-flip loan is short-term, project-based investor financing for buying and rehabbing an undervalued or distressed property with the intent of selling — or, in many scenarios, renting it and refinancing into longer-term DSCR financing. Because the property's completed value (after-repair value or ARV) and the renovation budget drive the structure, a fix-and-flip scenario is reviewed differently from a standard DSCR rental calculation.

Best fit

Investors buying distressed or value-add homes to rehab and exit

Key inputs

Purchase price, rehab budget, ARV, exit strategy, timeline, cash required

Not a DSCR loan

Fix-and-flip financing is project-based; DSCR is for stabilized rentals — though one can lead to the other

Not every investor or every property qualifies. Matt reviews each fix-and-flip project to map available structures and realistic exit paths — start a scenario review.

Project Planner

Estimate Your Fix & Flip Project Numbers

A directional planning model for a rehab project. It is an educational estimate — not a loan offer, rate, leverage limit, or commitment to lend. Actual structure depends on a full scenario review.

Project Details

Purchase Price

$

Rehab / Renovation Budget

$

Estimated After-Repair Value (ARV)

$

Cash You Can Put Toward the Project

$

Estimated Project Timeline (months)

Planned Exit Strategy

Your Project Estimate

Directional

Total Invested

$270,000

Est. Financing Needed

$200,000

Equity at ARV

$70,000

Project Margin (ARV − invested)

$70,000

% of ARV at ARV

20.6%

Plan to sell: your estimated equity at ARV is the upside a buyer-facing exit aims to capture — before sale costs, holding costs, and design/budget overruns.

Review My Fix & Flip Scenario Fix → Rent → Refinance? Explore BRRR

Educational planning only. Not a loan approval, rate quote, leverage limit, or commitment to lend.

The Financing Journey

How Fix & Flip Financing Flows

From distressed acquisition to completed exit — and the refinance path that turns a flip into a long-term rental.

Acquire

Distressed or value-add property. Purchase price, condition, and acquisition structure set the project up.

Rehab

Scope, budget, and timeline. The rehab moves the property toward its estimated after-repair value (ARV).

Exit or Stabilize

Sell to capture the margin — or stabilize as a rental and prepare for refinance.

Refinance

Move the stabilized rental into DSCR financing — a natural bridge to the BRRR strategy.

Exit Strategies

Your Exit Dictates the Financing Path

Fix-and-flip financing is project-based. How you exit determines the loan structure — and whether DSCR financing becomes the next step.

Sell

Buy, rehab, and sell to capture the project margin. Financing is built around the acquisition, rehab budget, and completed ARV with an eye toward the sale.

This is a true fix-and-flip — the property is the project, not the long-term asset.

Fix → Rent → Refinance (BRRR)

Rehab the property, establish rent, stabilize it, then refinance into longer-term DSCR financing — potentially recovering capital for the next deal.

Explore the BRRR strategy

Refinance & Hold

Complete the rehab, stabilize the rental, then refinance into long-term DSCR financing — accessing equity as program requirements allow.

Whether you can access equity — and how soon — depends on lender programs, valuation, and ownership/seasoning history. See the no-seasoning cash-out guide.

Fix & Flip Questions

Fix & Flip Loan FAQ

Review My Fix & Flip Scenario

Keep Going

Next Steps in Your Investor Journey

BRRR Financing

Fix → Rent → Refinance → Repeat. Walk the full financing sequence and connect to DSCR.

Read the guide

No-Seasoning Cash-Out Refinance

Rehabbing investors who want to recover capital after a flip — without the traditional seasoning wait.

Read the guide

DSCR Calculator

If you plan to rent and refinance, estimate the stabilized rental's DSCR before you commit.

Open the calculator

Matt Dean

Sr. Loan Officer · NEXA Lending

NMLS #227603 · Company NMLS #1660690

Let's Review Your Fix & Flip Numbers

Submit your purchase price, rehab budget, ARV, and exit strategy. Matt will review the project and tell you what financing path may be realistic — including whether a rent-and-refinance exit connects to DSCR.

Review My Fix & Flip Scenario Schedule with Matt

Educational planning only. Fix-and-flip financing availability, structure, leverage, and terms depend on borrower profile, investor experience, property, program, and lender guidelines. Not a commitment to lend.