Real estate

Fix and flip financing refers to a type of loan designed for real estate investors who purchase properties, renovate or "fix" them, and then sell or "flip" them for a profit. These loans typically cover the purchase price of the property as well as the cost of repairs and improvements. They are short-term, often ranging from six months to a year, and are meant to provide quick access to capital. Lenders offering fix and flip financing evaluate the property’s potential after repairs, the borrower’s experience, and the expected return on investment. This financing is popular among real estate investors looking to renovate properties and sell them quickly for a profit.

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