Fix-and-Flip Loans

Make REI Private Money Lending your preferred fix-and-flip lender—today

Whether you’re closing your first deal or scaling a portfolio, REI Private Money Lending (REI PML) streamlines funding so you can acquire, renovate, and exit with confidence. Our short-term, investor-friendly loans offer flexible terms, fast decisions, and transparent criteria—no bank-style red tape.

Why investors choose REI PML

Investor-first leverage: Finance the purchase plus up to 100% of rehab (program-dependent).
Speed with sense: Streamlined underwriting focused on the asset and your plan.
Clear guardrails: Simple, data-driven criteria that help protect equity and time-to-exit.
Inclusive access: Programs available for both first-time and seasoned investors, with human review to consider nontraditional experience and credit histories where permitted.

The Numbers	Tier A	Tier B	Tier C
% of Purchase	90%	90%	90%
% of Rehab	100%	100%	90%
Max % of ARV	75%	70%	65%
Max % of LTC	90%	90%	90%
Experience	2 deals / 2 yrs	2 deals / 2 yrs	First-timers OK
Credit Score	720+	660–719	No minimum

Cash-Out (seasoned 6 mo)	65% – no max	60% – $150k max	50% – $75k max
App Fee	$197	$197	$197
FHA Cap Anchor*	Loan Amount	Loan Amount	ARV
Baseline Inspection	No	No	Yes
Tax Returns	No	No	Yes
Well/Septic	No	No	Yes
Impound Next-Yr Taxes	No	No	Yes

The 5-Point “Sweet-Spot” Lending Criteria

We fund projects positioned for resilient resale and predictable exits. Aim for:

Property Type: Residential, 1–4 units, non-owner occupied.
Resale Price: Plan your exit at or below your market’s FHA loan limit to widen the buyer pool.
House Size: ~≤ 2,800 sq ft keeps renovation scope, timelines, and carrying costs in check.
Features: Target ≤ 5 bedrooms / ≤ 3 baths—broad appeal, efficient turn scopes.

Lot Size: ≤ ½ acre—less upkeep, lower site risks, faster turns.

Why these criteria?

Wider buyer demand: Homes priced at or under FHA limits can qualify more entry-level buyers, supporting faster resale velocity.
Operational efficiency: Modest size/features typically reduce surprises in permitting, materials, and trades scheduling.
Market resilience: Mid-tier price bands historically fluctuate less than luxury segments in many local markets.

Quick Deal Screener (Innovation)

Use these simple checks before you lock a contract:

1) Exit Cushion (ARV Rule):

This aligns leverage with execution risk and protects gross margin.

2) Margin & Liquidity:
Target ≥ 10% of ARV or ≥ $30k projected gross profit (whichever is greater) after all costs. Maintain 3–6 months of payment/overrun reserves.

3) Timeline Discipline:
Plan a ≤ 6–9 month hold (acquisition → resale). If your local median Days-on-Market (DOM) > 60, tighten ARV or add contingency.

4) Neighborhood Momentum Indicators:
Prefer tracts with falling DOM, list-to-sale ratio ≥ 98%, permits trending up, and rent-to-price yields that make a flip-to-rent pivot feasible.

Rate & liquidity shifts: Re-underwrite deals at +100 bps to stress exit price and carry.
Supply chain & labor: Build a 10–15% contingency on materials/labor for scopes touching MEPs or exterior envelopes.
Regulatory & zoning: Confirm local short-term rental or ADU rules if you might pivot to BRRRR.
Climate & insurance: Check flood/fire maps and current premiums; rising insurability risk can affect buyer financing and DOM.
Energy incentives: Where available, leverage utility or state rebates for HVAC, windows, and insulation to boost appraisal comps and buyer appeal.

Access & Fairness (Bias-aware Enhancements)

REI PML supports broader participation in real-estate investing:

Human-in-the-loop underwriting: We consider documented contractor track records, PM experience, and team résumés—not just FICO.
Alternative documentation options (where permitted by law) and multilingual support to reduce documentation barriers.
Transparent pricing & education: Plain-English term sheets, fee caps disclosed upfront, and free checklists/templates for first-time investors.

Community focus: We evaluate projects on community impact (e.g., vacant-to-habitable conversions) alongside risk metrics.

How to Work with REI PML

Prequal in minutes: Share your deal outline, scope, and comps.
Underwrite fast: We validate ARV, budget, timeline, and exit plan.
Fund & build: Draws tied to milestone inspections keep rehab on pace.
Exit or refi: Sell retail or refinance to a long-term product—your call.

REI Private Money Lending—Investing made simple.

Hassle-Free Fix & Flip Loan Terms

Whether you need $75K or $50M, we have a Fix & Flip loan for you.

Program Requirements:

Minimum Credit Score 660
Up to 70% of LTARV
9.99 – 16% Interest Rate
0 – 2% Points
Up to 70% of Purchase
100% Reimbursement on Construction

Program Highlights:

$75K – $50M Loan Size
12 – 24 Month Loan Term
Single-Family, Multi-Family, and Condos
No Prepayment Penalty, Flexible Programs Available
Blanket Loans Available
Extensions Available

Ready to Finance Your Investment?

We Lend In These States

ABL currently lends in

Recently Funded

Check out some of our recent projects:

Real Reviews from Real Borrowers

Great experience! They always answered or returned my calls immediately and walked me through the entire process and made sure all my questions were answered. I had a couple of questions weeks after my loan closed and they still responded immediately and made sure I was taken care of. Great experience and I would highly recommend ABL.

Cindy G.

I am glad I got to know Asset Based Lending, they made funding for my construction site very simple. They have a great team of people, that would go out of their way to help. Boris has been great and very helpful, I highly recommend them for all your Construction financing needs.

Mike A.

I have had the pleasure of working with Boris Akbashev for my real estate financing needs on my last 10-15 projects, and I cannot speak highly enough of his professionalism and expertise. Boris demonstrated a deep understanding of the lending process and went above and beyond to ensure I secured the best possible terms.

John S.

Truly a pleasure having ABL on every deal! Thanks to their lending expertise and timely support and guidance throughout the process to get the best loan for my deals. I can see my company growth from 1-2 flips to numerous flips, new construction, and DSCR loan to grow my portfolio.

Pedro E.

Asset Based Lending is the place to shop for all your construction needs. Their easy funding policy, makes life so much simpler for any builder to focus on building and not be worried about financing project. Boris was supper helpful to accommodate me with all me financing needs.

Ray P.

Fix & Flip FAQs

What is a Fix & Flip loan?

A Fix & Flip loan is a short-term (typically 12-month) loan designed to bridge the gap between when you buy a property and when you resell it for a profit. It can cover both the cost of the property and renovations (up to a predetermined Loan To Value limit).

How does a Fix & Flip loan work?

Once approved for a Fix & Flip loan, you typically receive loan funds according to an agreed-upon draw schedule (while making interest-only payments). After the renovation is complete, you resell the property to repay the loan in full and keep the difference as profit or refinance to continue to grow your portfolio

What are the benefits of a hard money Fix & Flip loan?

Compared to traditional mortgages, hard money Fix & Flip loans offer faster and more flexible underwriting as lenders focus on the deal more than your personal creditworthiness. This lets you move fast, minimize upfront costs, and amplify your overall ROI

How can you get a hard money loan for flipping real estate?

Getting a hard money loan for flipping real estate starts with finding a reputable lender. At ABL, we’ve funded over 7,000 flips nationwide and received 500+ 5-star reviews. By giving us some basic details about you and your project, you can pre-qualify for a Fix & Flip loan today.

Disclosures:

Programs, rates, and terms are subject to change without notice. Not all borrowers or properties will qualify. All loans are for business/investment purposes on non-owner-occupied properties only and subject to federal, state, and local regulations.