Arizona Fix and Flip Lenders
Are you flipping residential properties in Arizona? On this page you'll find a list of fix and flip lenders throughout Arizona. Fix & flip lending is only for residential properties with 1-4 units. We have a separate page for lenders that offer rehab/value-add financing for other property types. The maximum loan-to-after repair value (LTARV) for most lenders in Florida is 70%. You typically need some cash for the purchase (15%-20%) and some cash reserves.Searching...
Sorry, your search returned no results.
Old North Capital Fund, LLC
True asset-based financing | No credit check, No appraisals, No prepay
Versara Capital
The Trusted Asset-Based Hard Money Lender for Real Estate Investors
RCN Capital
Direct Lender for Residential Fix & Flip, Long-Term Rental, Bridge Loans
Kiavi
Servicing 12,000+ Real Estate Investors Across the Country
Arch Loans
Low and High Leverage Options, up to 90% of purchase price for fix & flip
Park Place Finance
Nationwide Direct Private Lender for Residential Real Estate Investors
Diya Finance
Bridge and Rental Loans Made Easy
i Fund Cities
Great F#*%ing Loans, Built By Investors For Investors
Hilton Financial Corporation
"When the bank says NO or moves too slow" TM.
American Heritage Lending
Direct Lender for Residential Real Estate Investors Nationwide
Center Street Lending
Smarter Loans for Residential Property Investors
Lima One Capital
The Nation's Premier Lender for Real Estate Investors
Boomerang Capital Partners
The Best Flippin' Lender for House Flippers
Capital Fund 1, LLC
Reliable Private Money for Your Real Estate Projects
LendingOne
Rental, Fix & Flip, Construction & Multifamily Bridge Loans Nationwide
Local Arizona Fix and Flip Lenders
Here are the fix & flip lenders on our platform that are “local” lenders, based in Arizona…
- Old North Capital Fund, LLC | Tucson, AZ
Old North does not check credit, does not charge prepayment penalties and does not require appraisals for fix & flip projects. They will fund up to 90% of the purchase price and 100% of the rehab budget. Borrowers must have a 10% down payment. They Prefer to stay under 70% ARV (after-repair value) but will make exceptions. They lend in 19 other states. - Hilton Financial Corporation | Phoenix, AZ
Hilton Financial funds up to 80% of the purchase price and 90% of the rehab budget, with a maximum loan-to-ARV of 69%. They sometimes allow seller carry back or gap funding. No pre-payment penalty. No prior experience needed. Most of their flip and flip loans are fully funded at close of escrow. Draws are paid on a line-item, percentage of completion basis for work in place. 3rd party inspections are standard. Most draws are processed within 5-7 business days of complete draw submittal. They lend in only 4 other states besides Arizona. We have visited their office. - Capital Fund I | Scottsdale, AZ
Established in 2009, Capital Fund seems to be the largest fix & flip lender in Arizona, in terms of loan volume. They don’t check credit, don’t ask for personal tax returns, don’t require appraisals, and don’t charge prepay penalties. They fund up to 90% of the purchase price, with a maximum loan-to-cost of 85%. Capital Fund lends in only 2 other states besides Arizona. We have met them in person at industry conferences. - Boomerang Capital Partners | Mesa, AZ
Established in 2006, Boomerang one of Arizona’s top 5 lenders for fix & flip loans, in terms of volume. They don’t check credit and don’t charge any junk fees. They do in-house valuations. Appraisals are only required for unique properties in unique areas that don’t have enough sales comps. Boomerang lends up to 85% of the total project costs, with a max loan-to-after-repair value of 70%. Interest is only charged on the funds drawn, not the entire loan amount. Boomerang lends in only 3 other states besides AZ. We have visited their office. - Versara Capital | Mesa, AZ
Versara doesn’t require appraisals for most fix & flip deals, and they are not too concerned about credit scores. They can fund up to 80% of the purchase price and 100% of the rehab costs.
Arizona Residential Fix and Flip Insights from a Local Lender
Arizona is seeing two common trends in the real estate residential rehab market. According to Brett Tanner of Versara Capital, many investors are seeking properties with the potential for additional square footage and/or dwelling units. Brett explains, “some people are looking to take the smallest house in an area that has the highest price square footage and add on square footage and leverage on the additional square footage. The price per square foot that homes are selling at is their value add.”
He also states that the ADU trend in California has started to flow into Arizona. Many investors are exploring properties where they can construct additional dwelling units to enhance their return on investment.
According to Versara Capital, even with these trends, similar to many other states in the country, good inventory has become a main struggle in Arizona. Investors are still faced with the challenge of finding “great deals and finding great deals with great margins,” Brett says. However, investors are still optimistic and continue to leverage their strategies mainly on fix and flip projects. Brett states that, “the most common investment strategy for our clients is really fix and flip. But a close second is rehab to rent and then they cash us out. I would say of our business fix and flips are probably 70% of that number and 30% is either rehab to rent or commercial.”
Watch Brett Tanner’s interview below to learn more about Rehab projects in Arizona
Versara Capital, LLC, is a hard money lender committed to providing real estate investors and business owners with trustworthy, efficient, and experienced lending services. For the last decade, they have been Arizona’s fastest, most reliable hard money lender. They lend on all types of rehab projects from a basic remodel to a full ticket to drywall to studs and start over. Their typical rehab loan consists of 20% down with rates between 9.9% to 12.9%. Their primary product is the standard fix and flip project but they also provide loans for purchase, refinance, cash out refi, rehab to rent, residential multifamily and commercial land.