Residential Fix-and-Flip Loans in Miami, FL
Short-term financing for purchasing and renovating single-family homes, condos, and multi-family properties. Designed for investors looking to buy distressed properties, renovate, and sell for profit.
Loan Range
$100,000 – $2,000,000
Rate
10.5%
LTV
70%
Term
12 mo
Ideal For
3 borrower types
Fix-and-flip loans from Hard Money Lenders of Miami cover both purchase and renovation, a single loan, one closing, draws released as work progresses. We fund distressed single-family homes, condos, and small multifamily throughout Miami-Dade, with typical terms of 6-12 months and close times of 7-10 days.
We evaluate the after-repair value (ARV), your renovation budget, and your exit strategy. Asset-based underwriting means we don't require tax returns for most deals. First-time flippers with solid plans and qualified contractors can qualify alongside experienced investors.
Miami's fix-and-flip market is one of the most active in the country. Distressed inventory, foreclosure opportunities, and aging housing stock create constant deal flow, but only for investors who can close fast. We're built for that speed.
What to Expect
We fund purchase and rehab in a single loan. Draws release as milestones are met.
ARV drives the loan amount. We typically lend 70-75% of ARV minus repairs.
First-time flippers with solid plans and qualified GCs can qualify. Experience helps but isn't required.
Typical close: 7-10 days. No prepayment penalties.
Typical Use Cases
Residential Fix-and-Flip Loans work well for these scenarios. We tailor terms to your specific Miami project and timeline.
- , Single-family homes
- , Condos
- , Multi-family units
- , Distressed properties
- , HUD/FHA properties
Requirements
- , Property purchase contract
- , Renovation budget
- , Archiitectural plans
- , Investor experience
Pros
- +Fast closing
- +Renovation funding included
- +Flexible terms
- +No prepayment penalties
Cons
- −Higher interest rates
- −Shorter terms
- −Strict draw process
Ideal For
Why Choose Hard Money Lenders of Miami for Residential Fix-and-Flip Loans?
- , 24-48 hour approval process, Miami deals don't wait
- , Asset-based lending, property value drives approval, not just credit
- , Loan amounts from $100,000 to $2,000,000
- , Terms from 6 to 12 months, flexible for your timeline
- , No prepayment penalties, exit when it makes sense
- , Local Miami expertise, we know the market
How It Works
- 1Apply, Call us at 305-928-2678 or submit our contact form with your property details.
- 2Get Approved, We review your deal and typically respond within 24-48 hours with terms.
- 3Close, We fund in 7-10 days. You get the capital you need to close your Miami deal.
Residential Fix-and-Flip Loans at a Glance
Frequently Asked Questions
How much of the rehab can you fund?
We can fund up to 100% of purchase price and 100% of rehab costs for qualified investors. Our draw-based structure releases funds as work progresses.
What's the typical term for a fix-and-flip loan in Miami?
Most fix-and-flip loans run 6-12 months. We offer flexible terms to match your project timeline, whether you're flipping in Coconut Grove or Doral.
Do I need experience to get a fix-and-flip loan?
Experience helps but isn't always required. We evaluate each deal on its merits. First-time flippers with solid plans can qualify.
How quickly can I close?
We typically close in 7-10 days. For competitive Miami deals, speed matters, we move fast to get you to the closing table.
What drives the loan amount?
ARV (after-repair value) drives the structure. We typically lend 70-75% of ARV minus repairs. Your purchase price, rehab budget, and projected sale price determine the loan.
How does the draw process work?
Funds release after inspections at milestones: demo/rough-in, mechanicals, finishes, final. We move quickly on inspections so you're not waiting for funds.
Property Types We Finance
Get Started
Ready to apply for Residential Fix-and-Flip Loans? Contact us today for a quick quote.
Apply NowCall 305-928-2678*Not available in all states, certain restrictions regarding population. Certain credit and experience requirements for max leverage.
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