Who’s a Good Fit
Investors with a clear exit, a realistic rehab budget, and (usually) some track record — or enough equity/liquidity that a lender will still listen. People who understand points, interest reserves, and hold-time cost.
If you are buying a house to keep as a rental, look at investment property and DSCR. If you are living in it and renovating, look at renovation. If you need a very short transactional bridge, see bridge and hard money.
How these loans get looked at
Lenders underwrite the deal as much as the borrower: purchase price, after-repair value, scope of work, contractor, and timeline. Credit and liquidity still count. I will not print a max LTV or a “guaranteed close in 7 days” line.
Fix-and-flip vs hard money vs renovation
Fix-and-flip — investor short-term purchase/rehab for resale (this page).
Hard money — overlapping short-term private/specialty capital; see hard money.
Renovation — longer-term first that folds rehab into a mortgage you keep; renovation.
What I need from you
Apply, then deal summary: address, purchase price, rehab budget, ARV opinion, exit plan. You don’t have to already know which specialty lender fits. Talk to me first if you want a second set of eyes on whether flip financing is actually the right box — or whether DSCR/rental make more sense.
Purchase, refinance, and most programs: Apply opens my Bevri application. Prefer to talk first? Use Talk to Michael. I’ll walk you through the program and the guidelines.