House Flipping Loans For Residential Real Estate Investors

We’re a lender for flippers by flippers. 
Fund That Flip specializes in funding 1-4 family fix-and-flip projects. We are here to help you grow your business. We “get it”. We’ve originated more than $200 million on over 800+ properties. If you’re an experienced real estate investor and need reliable capital to grow your business, you’ve come to the right place. Making things easy for you is our priority, and we are here to walk you through every step along the way.

Please note: we require a minimum down payment of 10% of the purchase price, and we do NOT offer loans for owner-occupied home.

Property Geographic Area Details

We lend in 30 states: AL, AR, CO, CT, DE, FL, GA, IL, IN, IA, KS, KY, LA, MD, MA, MI, MS, MO, NE, NJ, NY, NC, OH, OK, PA, SC, TN, TX, VA, WV

Loan Amounts

$75,000 to $20,000,000

Interest Rates

8.99% to 12.99%

Max Loan-To-Value


Max Loan-To-Cost


Origination Fees

1% to 2.5%

Loan Terms

3 months to 18 months

Lien Position

  • 1st

Loan Purpose

  • Investment Acquisition
  • Investment Refinance
  • Improve Subject Property
  • Use Equity to Invest in Another Property
  • Value Add Project
  • Development Project

Property Occupancy

  • Vacant
  • Tenant Occupied 100%

Property Types and Loan Types

Collateral Types

  • Residential Property

Property Types

  • 2-4 Units Residential
  • Single Family Residence

Loan Types

  • Hard Money
  • Residential Fix and Flip
  • Residential Rehab and Rent
  • Residential Ground-Up Construction

Purchase Loan

Max Loan-To-Purchase Price


Borrower Must Have Property Under Contract


Will Provide Proof of Funds Letter


Will Consider Lending on Purchase from Auction


Allowed Source of Borrower’s Equity

  • Own Cash
  • Partner
  • Equity in Subject Property
  • Crowdfunding
  • Family

Rehab Value Add Loan

*Construction funding up to 100%, subject to total project funding at 90%

Experience Required


Minimum Number of Value-Add Projects Completed by Borrower


Will Provide Funds for Renovation Costs


Max LTC for Renovation Costs


Interest Charged for Renovation Costs

Only on Funds Drawn

Typical Number of Days for Funds Draw


Maximum After Repair Value


Construction Loan

*Prior experience takes precedence over number of projects completed

Development Experience Required


Minimum Number of Ground-Up Construction Projects Completed by Borrower


Max LTC for Ground-Up Construction Costs


Interest Charged for Construction Costs

Only on Funds Drawn

Will Lend on Partially Completed Construction Projects


Details and Requirements

Fastest Closing Time (Days)


Works With

  • Brokers
  • Borrowers

Payment Structure

  • Interest Only

Pre Payment Penalty


Will lend to a foreign national


Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage


Will Consider Collateralizing Multiple Properties in One Loan


Will Consider Equity Joint Venture


Borrower Entity Types Considered

  • LLC
  • Limited Partnership
  • Trust
  • Corporation

Documentation Required

  • Bank Statements
  • Loan Application

Personal Guaranty (Recourse) Required


Credit Check Required


Minimum Credit Score Required


Appraisal Required for Residential Property


Broker Price Opinion (BPO) Accepted for Residential Property



Deposit Required

$500.00 to $7,500.00

Site Visit Fee

$100.00 to $1,000.00

*Fees subject to change based on number of draws - max 2 per month

Fees which are paid to a third party company

  • Appraisal Fee

Fund That Flip is a dynamic, fast-paced firm focused on raising capital for the short-term residential rehab loan market and online investing for peer-to-peer lenders. With offices in both New York City and Cleveland, Fund That Flip helps restore communities through its network of experienced, dedicated re-developers backed by a diverse base of institutional and individual investors.

We are technology, real estate and financial service professionals on a mission to create new opportunities for investors to take advantage of the positive returns real estate can provide. At the same time, we are helping re-developers access a new source of capital so they can focus on what they do best – finding and rehabilitating homes.

Company Size (Number of Employees)


Year Established


Office Locations

Fund That Flip
23 East 10th Street, New York, New York 10010

Primary Capital Source

  • Own Funds
  • Individual Investors
  • Crowdfunding

Alternative Capital Sources

  • Hedge Funds

Loan Structure for Majority of Loans

  • Multiple Investor Fractionalized Note

Percentage of Loans Secured by Residential Property


Total Number of Loans Funded to Date


Total Loan Volume Funded to Date


2017 Number of Loans Funded


2017 Loan Volume Funded


2018 Number of Loans Funded


2018 Loan Volume Funded


2019 Number of Loans Funded


2019 Loan Volume Funded


Matt Rodak


Aaron Feldon

SVP, Capital Markets & Investor Relations

Jon Andrews

SVP, Sales and Client Service

Kendall Krawchuk

VP of Marketing

Alex Goodwin

SVP, Finance and Accounting

Chris Draudt

SVP, Operations

Dan Morena

CTO, Co-Founder

Paul McFadyen

Manager, Rental Loans

Before You Contact Us

Our Minimum Loan Amount Is


What We Do

  • Residential Investment Properties 1-4 units
  • Rehab & New Construction Loans
  • Lending to Experienced Investors
  • Up to 90% Loan-to-Cost
  • 10%+ Cash Required for Purchase

Not Available

  • NO 100% Financing
  • NO Owner-Occupied Homes
  • NO Raw Land
  • NO Rural Areas
  • NO Commercial Properties

Loan Request

Short Description of your Loan Request or Property Address

This information is about yourself, not the subject property.


At the end of the form you can enter the additional properties.

(temp use, storage, billboard, parking, etc.)


If Borrower is not seeking additional funds for the renovation, change the Loan Type to Purchase or Acquisition.


(temp use, storage, billboard, parking, etc.)


If Borrower is not seeking additional funds for the renovation, change the Loan Type to Purchase or Acquisition.


how will the loan be paid off?


Add links to photos here.


Add links to photos here.


Add links to documents, photos, etc.