Fix and Flip Loans for Real Estate Investors in PA, DE, NJ & MD
What Is a Fix and Flip Loan?
A fix and flip loan is short-term financing that covers both the purchase and the renovation of an investment property, sized to its after-repair value. You buy it, rehab it, sell it, and pay it off.
Built for Investors Who Need to Move Fast
The best flips rarely wait for a bank. TBA Lending funds fix and flip deals across Pennsylvania, Delaware, New Jersey, and Maryland with our own capital, so you get a real answer within 24 business hours and can close in just a few days, not weeks.
Who Fix and Flip Loans Are For
Our fix and flip loans are made for investors who buy properties below market, add value through smart renovations, and sell for a profit. Some borrowers are lining up their very first project. Others have a dozen flips behind them and a few more under contract. Either way, we start with the deal itself: the purchase price, the scope of work, the after-repair value, and your plan to sell. When the numbers make sense, we move quickly to fund it, so you can lock up the property before another buyer gets there first.
If the deal works, we want to help you close it. Here’s who we fund most often.
How Our Fix and Flip Loans Work
From the first phone call to the closing table, our process is built around speed and clarity. You talk directly with the people who make the lending decision, so there’s no waiting on a committee or a loan officer three levels removed.
Every deal follows the same five steps, so you always know where your loan stands and what comes next. No surprises, no moving targets.
The Process:
- Submit your deal: Share the address, purchase price, rehab budget, and ARV.
- Get an answer within 24 business hours: We review the numbers and come back with terms.
- Close in days: Lock up the property before the competition does.
- Renovate with draws: Rehab funds are released as the work gets done.
- Sell and pay off the loan: Sell the finished property, repay the loan, and keep the profit.
How ARV-Based Leverage and Draws Work
How ARV-Based Leverage Works
Instead of lending only on what a property is worth today, we size the loan to its after-repair value (ARV), the price it should sell for once the renovation is done. That means the loan can cover more of your purchase and rehab, so less of your own cash gets tied up.
A Sample Fix and Flip Deal
Say you buy a rowhome for $180,000, budget $60,000 for the rehab, and recent comparable sales put the ARV at $320,000. At 70% of ARV, the loan could reach $224,000, covering the full purchase and most of the renovation.
The Draw Process, Explained
Rehab funds aren’t handed over all at once. As you finish each phase of work, you request a draw, we verify the completed work, and the funds are released, so the project keeps moving without you fronting every dollar.
Why Flippers Choose TBA Lending
We Lend Our Own Capital
Because we’re completely self-funded, we don’t wait on outside investors or bank approvals to say yes. You get an answer within 24 business hours and can close in just a few days, so you never lose a good deal to financing delays.
Straight Answers From Decision-Makers
You talk directly with the people approving your loan. No call centers, no runaround, and clear terms from day one, so you know exactly what to expect before you sign anything.
Faster With Every Deal
We want to be your lender for the long haul. Once your first project closes with us, your next loan moves even faster, giving you a real edge when the next opportunity hits the market.
Where We Fund Fix and Flip Deals
We fund fix and flip projects throughout the Mid-Atlantic. Pick your state to see how we lend in your area and which markets we serve.
- Speed: Quick approvals and fast closings.
- Simplicity: Minimal documentation required.
- Flexibility: Competitive rates and terms that fit your needs.
Fix and Flip Loan FAQs
Have a few questions before you send over a deal? Here are the answers investors ask us most often about fix and flip financing with TBA Lending.
How much can I borrow on a flip?
Your loan amount is based on the property’s after-repair value, purchase price, and rehab budget. We size each loan to the specific deal and give you exact numbers once we review it, usually within 24 business hours.
Do I need experience to get a fix and flip loan?
Not necessarily. Experience helps, but we focus on the strength of the deal. First-time flippers with a solid purchase price, a realistic rehab budget, and a clear plan to sell are welcome to apply.
How fast can you close?
Because we lend our own capital, you get an answer within 24 business hours, and once the deal is approved, we can close in just a few days.
How do rehab draws work?
As each phase of work is completed, you request a draw. We verify the work and release the funds, so your renovation stays on schedule without you covering every cost upfront.
What happens if my project runs over schedule?
Renovations don’t always go as planned. Call us as soon as you see a delay coming. We’ll look at where the project stands and talk through your options, which may include extending the loan term.
Not Sure Which Loan Is Right for You?
Give us a call and walk us through the deal. We’ll look at your numbers, tell you which program fits, and give you a straight answer, usually within 24 business hours.