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Fix & Flip Funding

Get the Capital You Need to Renovate and Sell Properties for Profit

Ideal for Investors looking to finance both the purchase and renovation of properties for resale.

Our Fix & Flip Funding is designed to provide real estate investors with the fast capital they need to purchase, renovate, and sell properties. Whether you're an experienced flipper or just starting out, we offer flexible and competitive loan options to help make your project a success.

Loan Features:

  • Payment Structure: Interest-only payments during the loan term

  • Down Payment: 30-40% of the after repair value

  • Funding Speed: Within 5-10 days of approval or when attorney is ready

  • Terms: 6-18 months

  • Loan Amount: $70,000 - $1,000,000

Eligibility:

  • Experience: Prior fix-and-flip experience preferred but not required

  • Appraisal: Property appraisal might be required to determine loan-to-value (LTV)

  • Credit Score: soft pull credit check

Frequently Asked Questions (FAQ)

What is a fix and flip loan?

A fix and flip loan is short-term financing that covers the purchase and renovation of an investment property so an investor can resell it for a profit.

How much can I borrow for a fix and flip project?

Loan amounts range from $70,000 to $1,000,000, depending on the property and the deal.

How fast can I get funded?

Funding typically closes within 5 to 10 days of approval, or as soon as the title or closing attorney is ready.

Do I need a credit check to qualify?

Yes. Virgo Funding does a soft pull credit check for fix and flip loans.

What’s the down payment requirement?

Down payment is typically 5–15% of the property’s purchase price.  It all depends on how deep of a discount you are buying.

Do I need prior flipping experience?

Prior fix-and-flip experience is preferred but not required. New investors are welcome to apply.

What are the loan terms?

Terms run 12 months, with interest-only payments during the loan period and competitive market interest rates.

Ready to get started on your next flip?

It's as easy as hitting the link below and filling out our quick 5 minute application!

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