“Excellent communication and expediency”
Amazing experience with Bryce! Excellent communication and expediency throughout the entire transaction. They were able to close our emergency deal in less than 48 business hours!
Ahmad A.
Real estate loan
Fix & Flip Loans Made Fast & Easy
Whether you're a first-time flipper or a seasoned investor, enjoy competitive rates, full renovation coverage, and a streamlined approval process.
- Up to 95% LTC
- 100% Reno Covered
- Close in 3-5 Days+
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The short answer
What is a fix and flip loan?
A fix and flip loan is short-term, interest-only financing that pays for an investment property and its renovation, repaid when you sell. Axelrad's program covers 100% of renovation costs, capped at 75% of the after-repair value (ARV), with leverage up to 95% of the purchase price for experienced investors, 12 to 24 month terms and no prepayment penalty.
Fix & flip loan terms at a glance
- Loan amount
- $50K–$5M on 1–4 family, condos and townhomes. $250K–$10M on 5+ units, mixed-use and commercial.
- Leverage
- Up to 95% of purchase by experience tier, plus 100% of renovation, max 75% of ARV.
- Terms
- 12, 18 or 24 months, interest only. You pay interest only on funds drawn.
- Rates
- From 8.9%, by experience tier.
- Collateral
- Non-owner-occupied 1–4 family, condos, townhomes, 5+ unit apartments, mixed-use and commercial.
- Minimum ARV
- $100K for 1–4 family. $350K for 5+ units or mixed-use.
- FICO
- 600 on standard terms. Specialty programs go as low as 550, and some have no FICO requirement.
- Appraisals
- No-appraisal options for faster closings.
- Prepayment penalty
- None.
- Draws
- As fast as 48 hours. No draw fees.
Investor tier matrix
Leverage and rate step up with flipping experience.
| Experience level | Leverage | ARV cap | Rates from |
|---|---|---|---|
| New (0–2 flips) | Up to 80% PP + 100% Reno | 70% | 10.64% |
| Intermediate (3–5) | Up to 90% PP + 100% Reno | 75% | 9.99% |
| Experienced (10+) | Up to 95% PP + 100% Reno (FICO 720+) | 75% | 8.9% |
- PP is purchase price. Exceptions are applied for strong borrowers.
Fix & Flip Calculator
Run the numbers on your next flip
Enter the deal as you see it. Your profit and return update as you type.
Who it is for
Built for investors at every stage
First-time flippers
New investors are welcome. The matrix above starts at 0–2 flips.
Seasoned investors
Experienced flippers get the highest leverage and the lowest rate on the matrix.
Out-of-state investors
We fund investors from coast to coast, so you can flip locally or out of state.
How it works
Three steps from application to draws
Our loan process is built for the builders.
Instant qualification
Submit a loan application for same-day terms.
Approval and funding
Once you are approved, we move to closing.
On-demand draw schedule
Access rehab funds quickly, in as fast as 48 hours.
Why flippers choose Axelrad Capital
- Draws in as fast as 48 hours
- Direct access to our team
- Rates as low as 8.9%, interest-only payments
- Pay interest only on funds in use
- No prepayment penalties
- Nationwide reach, first-time friendly
Our Success Stories
5.0★★★★★29 reviews on Google · Read them
“Total transparency”
Truly quality people. Polite, professional, and always kept the line of communication open. Total transparency which is KEY in lending. I highly recommend. We used them for a BRIDGE loan and will use them again for our next investment property.
Nic B.
“Someone in your corner”
If you want certainty and someone in your corner who will go the extra mile to get your deal done, there’s no one better to work with than Axelrad.
Travis M.
“The easiest to work with”
My experience with Axelrad Cap and Bryce has been top notch. We’ve closed on three transactional deals together and without question, he’s the easiest to work with and operates with the most integrity.
Dan S.
“Dealmakers not dealbreakers”
I’ve used Bryce and his team for several transactions and they always provide the highest level of customer service, they know what they’re doing, and they are dealmakers not dealbreakers.
Green Root Development
“Went way above and beyond”
I was in a bind on a property; needed funds to prevent losing the contract. … Bryce explained what needed to be done in the future to ensure fewer hiccups, then went WAY above and beyond to rush everything that same day to make sure we got the deal closed.
Americo P.
“You couldn't dream of a better lending partner”
You couldn't dream of a better lending partner to work with than the team at Axelrad Capital! In an industry that often feels so cold & transactional, Bryce and his team make you feel like VIP's!
Aaron W.
“Professional, transparent, and always went above and beyond”
Their commitment to high integrity and exceptional service is truly impressive. From start to finish, they were professional, transparent, and always went above and beyond to meet my needs.
Seth A.
“Sharp, responsive”
Bryce is sharp, responsive, and understands how to structure deals efficiently and quickly.
LeadMasters Property LLC
“Creative with difficult deals”
They have a strong desire and willingness to be creative with difficult deals.
Robert
“Always ready to pick up the phone”
They have a ton of resources and a team member is always ready to pick up the phone and help move the project forward.
Brian A.
Common Questions
What people actually ask before they apply.
What is a fix and flip loan?
A fix and flip loan is short-term, interest-only financing that pays for an investment property and its renovation, then is repaid when you sell. Axelrad's program covers 100% of renovation costs, capped at 75% of the after-repair value (ARV), with leverage up to 95% of the purchase price for experienced investors (10+ flips, FICO 720+).
How much can I borrow for a fix and flip?
$50,000 to $5 million on 1–4 family homes, condos and townhomes, and $250,000 to $10 million on 5+ unit apartments, mixed-use and commercial. The minimum after-repair value is $100,000 for 1–4 family and $350,000 for 5+ units or mixed-use.
What are fix and flip loan rates?
Axelrad's fix and flip rates start at 8.9%: from 10.64% for new investors (0–2 flips), from 9.99% for intermediate investors (3–5) and from 8.9% for experienced investors (10+). You pay interest only on the funds drawn, not the full loan amount. Final pricing depends on market area, borrower experience, asset strength and loan committee risk tolerance.
Does a fix and flip loan cover renovation costs?
Yes. Up to 100% of renovation costs are covered, subject to the 75% ARV cap. Rehab funds are released on a draw schedule in as fast as 48 hours, and Axelrad charges no draw fees.
Is there a prepayment penalty on a fix and flip loan?
No. Axelrad's fix and flip loans carry no prepayment penalty, so you can pay the loan off early when the flip sells.
What credit score do I need for a fix and flip loan?
Standard fix and flip terms list a 600 FICO. Specialty programs go as low as 550, and some have no FICO requirement. The 95% leverage tier is for experienced investors (10+ flips) with a FICO of 720+. Axelrad always asks permission before pulling credit.
What documents do I need for a fix and flip loan?
A loan application, plus your purchase contract, rehab budget, entity information and ID. Axelrad can give soft terms by phone; hard terms need the full file.
How fast can I get terms on a fix and flip?
Submit a loan application and you get same-day terms. Rehab draws are available in as fast as 48 hours, and no-appraisal options are available for faster closings.
Ready to flip? Let's fund it.
Whether you're planning your first flip or scaling a portfolio, Axelrad Capital is your financing partner. Move quickly, protect your margins, and work with a lender who gets it.
Part of this division
The division this program sits inside, and everything else it funds.
Related products
Deals rarely fit one box. These are the programs investors most often compare this one against.
- Bridge LoansShort-term bridge financing up to 95% LTC with 100% rehab financing, 6–24 month terms and no prepayment penalty. Close in 10–14 days.
- Hard Money LoansAsset-based lending for real estate investors, underwritten on the property and the exit rather than tax returns, and built to close on your timeline.
- Transactional FundingA direct transactional lender funding 100% of your A–B close for same-day double closings. Points from 1%, no upfront fees, no credit check.
- EMD FundingGator loans and EMD funding the same day with no credit pull, across all asset categories — we put up the earnest money so your capital stays free.
- Rental Loan ProgramRental property loans up to 85% LTV with terms up to 30 years and rates from 7.125% — built for stabilized rentals and portfolio growth.
- New Construction LoansGround-up construction financing up to 90% LTC with 100% of construction costs covered and rates from 9.99% for seasoned builders.
- Down Payment Assistance / Gap TransactionalInvestor gap transactional funding covers cash to close, with repayment at or shortly after closing. Explore portfolio-backed revolving lines and Morby Method differences.
Guides worth reading
Written for the person doing the deal, not for search engines.
- Fix and flip loans: cash to close and rehab draws
- What Is a Fix and Flip Loan? How Fix and Flip Financing Works
- The 70% Rule in House Flipping, Explained With Examples
- Fix and Flip Profit Calculator: A Step-by-Step Walkthrough
- Bridge Loan vs Fix and Flip Loan: Which One Fits Your Flip?
- 15 Common Fix and Flip Mistakes, and a Checklist to Avoid Them
- First-Time House Flipper Guide, With a Starter Checklist
- Fix and Flip Budget Template: A Line-Item Rehab Budget That Holds Up
- Fix and Flip Business Plan Template and Operating Checklist for Scaling