Bakersfield Fix and Flip Lenders
Are you flipping residential properties in the Bakersfield metro area? On this page you'll find a list of fix and flip lenders throughout Bakersfield's urban areas. 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 Bakersfield is 70%. You typically need some cash for the purchase (15%-20%) and some cash reserves.Searching...
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Center Street Lending
Smarter Loans for Residential Investors
ZINC Financial
Direct Lender for Real Estate Investors. Established in 2006.
American Heritage Lending
Direct Lender for Residential Real Estate Investors Nationwide
Karpe Real Estate Center
Private Lending for Central California Real Estate - Bakersfield, Fresno, Central Valley, Sacramento | Est. 1926
Nationwide Mortgage - California
Bridge, Rehab, Construction, & Rental
Lima One Capital
The Nation's Premier Lender for Real Estate Investors
Arch Loans
Low and High Leverage Options, up to 90% of purchase price for fix & flip
Kiavi
Servicing 12,000+ Real Estate Investors Across the Country
Conventus
We Fund Fast While Providing Excellent Service and Competitive Pricing
Secured Capital Lending
Direct Private Lender for California Investment Properties
RCN Capital
Direct Lender for Residential Fix & Flip, Long-Term Rental, Bridge Loans
Residential Capital Partners
100% Financing for Residential Rehab Projects (NO Money Down)
Select a Metro Area
California is a huge state, and most fix & flip lenders are selective about where they lend. Filter your search by selecting a metro area:
Northern California: SF Bay Area | Sacramento | Lake Tahoe
Southern California: Los Angeles | San Diego | Orange County | Riverside County | San Bernardino County | Santa Barbara
Central California: Central Valley | Bakersfield | Fresno
Funded Fix & Flip Loans in Bakersfield
Karpe Real Estate Center, a direct private lender for Central California real estate, funded a $320,000 1st lien position fix and flip loan for a single-family residence in suburban Bakersfield, CA. We funded 36% of the $260,000 purchase price and 100% of the $226,000 renovation budget. The Borrower used some of their own cash and seller financing in 2nd lien position for the remaining 64% of the purchase price. The after-repair-value was $486,500 so our loan-to-value was 65%. The $226,000 renovation budget was sent to a 3rd party funds control to be held in trust while the Borrower performs the renovation. Draws will be utilized in order to reimburse the Borrower or pay the subcontractors. The subject property was vacant at closing. It is approximately 2,299 square feet set in a 19,565-square-foot lot. The Borrower plans to sell the property upon completion of the heavy rehab. The interest rate was 11%. The loan term was set at 12 months. This SFR fix and flip loan was funded in March 2023.
