Hard Money Lenders of Los Angeles
Residential Flippers - hard money loans Los Angeles

Borrower Solutions

Residential Flippers in Los Angeles, CA

Up to 90% LTV financing for fix-and-flip investors with fast closings and rehab funds included

Financing for Residential Flippers

House flipping has become one of the most active segments of the Los Angeles real estate market, attracting both experienced investors and newcomers seeking to capitalize on the region's strong housing demand. The fix-and-flip strategy involves purchasing undervalued or distressed properties, renovating them to meet market expectations, and selling for a profit. Hard money loans provide the leverage, speed, and flexibility that residential flippers need to succeed in this competitive business.

Los Angeles presents unique opportunities and challenges for house flippers. The region's diverse housing stock includes everything from 1920s bungalows in Highland Park to mid-century modern homes in the Valley to contemporary properties throughout the metro area. Each neighborhood has distinct buyer expectations, renovation requirements, and price points. Successful flippers understand their target markets and can accurately project renovation costs and after-repair values.
The mathematics of house flipping require substantial capital. In Los Angeles, where entry-level properties often exceed $600,000, even experienced investors benefit from leverage to maintain deal flow and preserve capital for multiple projects. Hard money loans for fix-and-flip projects typically cover 80-90% of purchase price plus 100% of renovation costs, allowing investors to maximize returns while minimizing cash requirements. Our programs are designed for both new flippers building experience and seasoned operators running multiple concurrent projects.

Benefits for Residential Flippers

We understand the unique financing needs of residential flippers in the Los Angeles market. Our programs offer specialized solutions designed for your success.

Up to 90% LTV on purchase
Rehab funds included
No experience required programs
Fast 5-7 day closings

Get Started Today

Ready to explore financing options for Residential Flippers? Our team is here to help.

Fast Approval
Competitive Rates
Dedicated Support
Call (213) 667-4815

How We Help Residential Flippers

Acquisition financing enables flippers to purchase distressed properties at auction, through wholesalers, or on the MLS. Many of the best flip opportunities in Los Angeles never reach traditional listings, requiring investors who can act quickly with proof of funds. Our pre-approval letters carry weight with sellers and agents, and our fast closing capability helps secure deals in competitive situations.

Rehabilitation financing covers the full scope of renovation work needed to bring properties to market standards. Los Angeles buyers expect modern kitchens with quality finishes, updated bathrooms, new flooring, fresh paint, and functional outdoor spaces. Our draw process releases funds as work is completed, ensuring contractors get paid promptly while maintaining appropriate oversight. Most draw requests are processed within 48 hours, keeping projects on schedule.

Bridge financing supports flippers who need to acquire a new property before completing the sale of a current project. This "gap" financing prevents successful flippers from missing opportunities while waiting for buyers to close. Our bridge loans can be secured by either the new acquisition or existing inventory, providing flexibility based on each flipper's situation.

Cash-out refinancing allows experienced flippers to access equity in properties nearing completion for down payments on new acquisitions. This recycling of capital accelerates business growth and increases annual deal volume.

Program Benefits

Up to 90% LTV on purchase

Take advantage of our specialized up to 90% ltv on purchase designed specifically for residential flippers.

Rehab funds included

Take advantage of our specialized rehab funds included designed specifically for residential flippers.

No experience required programs

Take advantage of our specialized no experience required programs designed specifically for residential flippers.

Fast 5-7 day closings

Take advantage of our specialized fast 5-7 day closings designed specifically for residential flippers.

Frequently Asked Questions

Do I need house flipping experience to qualify for a hard money loan?

No, we offer programs specifically designed for first-time flippers. While experienced flippers may qualify for higher leverage (up to 90% LTV) and streamlined approvals, new investors can access financing with as little as 15-20% down payment. For newcomers, we provide additional support including project review, contractor referrals, and guidance through the process. We evaluate each application based on the specific property, the renovation plan, and the investor's background, rather than applying rigid experience requirements.

How does the renovation funding work?

Renovation funds are held in an escrow account and disbursed through a draw process as work is completed. Before closing, we establish a detailed draw schedule based on your contractor's bid. When a phase of work is complete, you or your contractor submit a draw request with supporting documentation and photos. We typically inspect within 24-48 hours and release funds promptly upon verification. Most flippers structure 4-6 draws per project, though this can be adjusted based on project scope. You only pay interest on funds as they are drawn, not on the total approved renovation amount.

What if my flip takes longer than expected to sell?

Our fix-and-flip loans typically have 12-month terms with extension options if needed. If a property hasn't sold by the loan maturity date, we can usually extend the loan for additional months, typically with an extension fee. For properties that are taking longer to sell due to market conditions, we can also discuss converting to a longer-term rental loan if the property cash flows positively. We understand that market timing is unpredictable and work with flippers to find solutions when sales take longer than projected.

Can I use any contractor for my flip project?

Yes, you can use any licensed contractor you choose. We do not maintain approved contractor lists or require specific vendors. However, we do verify that your contractor is properly licensed and insured, and we review their bid for completeness and reasonableness. For first-time flippers, we can provide referrals to contractors we have worked with successfully. All contractors must provide certificates of insurance naming the lender as additional insured before draws are released.

What happens if the renovation costs more than budgeted?

We recommend including a 10-15% contingency in every renovation budget for unexpected issues. If costs exceed the approved budget, several options exist depending on the situation. If the overruns are modest and you have personal funds available, you can contribute additional capital to complete the project. If the project has created significant additional value, we may be able to increase the loan amount. In cases where the scope has changed significantly, we can discuss restructuring the loan. Communication is key, we encourage flippers to reach out as soon as issues arise so we can work together on solutions.

Explore Other Borrower Types

Multi-Family Properties

Hard money lending solutions for duplexes, triplexes, apartment buildings, and multi-family investments.

Commercial Real Estate Investors

Tailored hard money loans for investors in office, retail, industrial, and mixed-use commercial properties.

Construction Contractors

Hard money loans for licensed contractors building spec homes or developing properties.

Ready to Get Started?

Contact us today to discuss your financing needs as a Residential Flippers.

Call (213) 667-4815