How are renovation funds released?

Typically in draws against completed work, following the schedule and inspection requirements of the specific program. Your contractor and timeline shape how that is structured.

What happens if the project takes longer than planned?

Interest and carrying costs continue. Model a longer hold in the analyzer to see how much profit an extension consumes before you commit.

Build & Renovate

Fix-and-Flip Loans

Short-term financing for buying and renovating a property for resale, with renovation funds released against completed work.

Discuss My Scenario Open the Fix-and-Flip Analyzer

Program parameters are confirmed for your scenario. Nothing here is an approval or commitment to lend.

A fix-and-flip loan is built around a project: acquisition, a renovation budget, a holding period, and an exit. The financing typically covers a portion of the purchase and releases renovation funds as work is completed, which means the draw schedule and the budget discipline matter as much as the rate.

Our analyzer models interest on the balance actually drawn, so a delayed draw shows up as a higher total cost rather than a hidden surprise.

Because the exit is usually a sale or a refinance, the earliest part of the conversation is about the after-repair value you believe the project can support and how much margin you need to protect.

Who may find it useful

Experienced renovators and builders
Investors buying distressed or dated property
Owners who want to reposition and resell
Investors with a reliable contractor and scope of work

Typical financing goals

Fund purchase and renovation in a single closing
Preserve working capital by drawing renovation funds over time
Exit through resale or a long-term refinance

Key considerations

Renovation draws are tied to completed, inspected work
Holding costs and interest accrue for the entire project, not just the purchase
Overruns and extended timelines compress profit quickly
Loan sizing is typically driven by project cost and after-repair value together

Information to gather

Purchase contract and property condition notes
Scope of work with a line-item budget
Contractor information and a realistic schedule
Comparable sales supporting the after-repair value

Frequently asked

At a glance

Acquisition and renovation capital in one structure

CategoryBuild & Renovate

Property useInvestment property

Coverage30+ states, subject to program availability

Best next stepModel it, then talk to us

Program parameters—maximum leverage, minimum credit, reserve requirements, loan limits, and documentation rules—vary by lender and are confirmed by our team for your specific scenario.

Discuss My Scenario

Relevant calculator

Fix-and-Flip Analyzer

Project cost, drawn interest, and profit.

Open the calculator

We do not publish rates, maximum leverage, minimum credit scores, or closing timelines for this program. Those depend on the lender, the property, and the file.

Investment property disclosure

The financing described here is for investment property. It is business-purpose financing, not a consumer-purpose or owner-occupied residential loan.

Investment property financing is underwritten on the property, the plan, and the exit. Rent treatment, reserves, credit standards, and collateral requirements are set by the lender and confirmed for your scenario.

SageFin Capital is a commercial finance brokerage. Financing is subject to lender approval, underwriting, collateral requirements and program availability. Not a commitment to lend.

Thinking about fix-and-flip loans?

Share the property and your goal. We will confirm what may be available and what the file would need.

Submit a scenario Open the Fix-and-Flip Analyzer

Illustrative tools and scenario review only. Not a rate quote, pre-approval, or commitment to lend.