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Fix & Flip Loan Program

Fix & Flip Loans for Real Estate Investors

The preferred fix and flip lender for investors across 9 states. Up to 90% of purchase + 100% of rehab costs. Same-day commitment. Close in 7 days. No income verification required.

Up to 90% LTV100% Rehab FundedClose in 7 DaysNo Income DocsNo Prepay PenaltyFirst-Timers Welcome
Get a Same-Day Term Sheet 📞 (516) 336-9293
Loan Terms at a Glance

Fix & Flip Loans for Real Estate Investors — Program Details

Loan Amount
$50,000+
Minimum for qualified deals
Interest Rate
From 9.5%
Competitive private rates
Loan Term
12 Months
Extension options available
Purchase LTV
Up to 90%
Of the purchase price
Rehab Funding
100%
Of verified rehab costs
Max LTARV
75%
Of after-repair value
Min FICO
660
Credit score minimum
Prepayment
None
No prepayment penalty
Origination
1–2 pts
Disclosed upfront
Close Time
7–14 Days
From application to close

Who This Loan Is For

  • First-time and experienced house flippers
  • Investors buying distressed and REO properties
  • Contractors and builders adding investment income
  • BRRRR investors in the acquisition/renovation phase
  • Investors who cannot qualify at traditional banks

How It Works — 5 Steps

1

Submit Your Deal

Share the property address, purchase price, estimated ARV, and rehab scope. Takes under 5 minutes.

2

Same-Day Term Sheet

We issue preliminary terms the same business day we receive a complete submission — no waiting weeks.

3

Property Valuation

We order a drive-by BPO or desktop appraisal, typically completed within 24–48 hours of submission.

4

Formal Commitment

Upon appraisal, we issue a formal loan commitment letter and coordinate title and closing.

5

Fund & Close

Sign at the title company. Funds wire same day. Start your renovation immediately. Most deals close in 7–14 days.

$67K
US Avg Flip Profit
ATTOM Data 2025 — gross profit per completed flip
$92K
Long Island Avg
Average flip profit in Nassau & Suffolk County 2025
6.7%
Avg Flip ROI
Average return on investment using leverage
188K
US Flips in 2024
Total homes flipped — strong market demand
What Investors Say

Why Investors Choose Sab Tera First

★★★★★

"Sab Tera closed my Nassau County flip in 9 days from my first call. The term sheet came the same afternoon I applied. I've done 14 flips over 4 years and no lender comes close to their speed. Same-day commitment is not marketing copy — it's actually what they do."

MR
Marcus R.
Fix & Flip Investor — Nassau County, NY
★★★★★

"The 90% LTV is real. I put 10% down on a $380K purchase and they funded the full renovation on top. That leverage is what makes the numbers work. Three flips with Sab Tera this year and every single one hit the timeline they quoted."

RP
Robert P.
Fix & Flip Investor — Essex County, NJ
★★★★★

"I was nervous about my first fix and flip but Sab Tera walked me through the entire process. They approved my deal even without prior experience because the numbers made sense. No income verification, no tax returns — just the deal. I made $41K on my first flip."

KA
Kevin A.
First-Time Flip Investor — Bridgeport, CT
Investor Guide

Everything Investors Need to Know About Fix & Flip Loans

Real estate investors across New York, New Jersey, Connecticut, Florida, Texas, and beyond use Sab Tera Lending's fix and flip loans to close faster, outbid cash buyers, and fund deals that banks won't touch. Our underwriting focuses on the deal — the purchase price, the ARV, and your renovation scope — not your personal tax returns or employment history.

How Fix & Flip Loan LTV and ARV Work

Our fix and flip loans are structured to maximize investor leverage. We lend up to 90% of the purchase price and fund 100% of verified rehabilitation costs. The total loan is capped at 75% of the property's after-repair value (ARV). For example: a property with an ARV of $600,000 supports a maximum loan of $450,000.

Fix & Flip vs. Conventional Mortgage

Traditional banks require W-2s, tax returns, and take 45–75 days to close — and they won't lend on distressed properties at all. Our fix and flip loans qualify based on property value and your deal plan, close in 7–14 days, and fund properties in any condition. That speed is the competitive edge that lets our investors win deals. Read our full comparison →

Markets We Serve

Our fix and flip program is active in New York (NYC + Long Island), New Jersey, Connecticut, Florida, Texas, North Carolina, South Carolina, Georgia, and Alabama.

The BRRRR Strategy

Many of our investors use the BRRRR method — Buy, Rehab, Rent, Refinance, Repeat. Start with our fix and flip loan for the acquisition and renovation phase, then refinance into our DSCR rental loan once the property is stabilized. Full cycle, one lender.

Common Questions

Frequently Asked Questions

Fix and flip loans are short-term (12 months), asset-based, and close in 7–14 days. They require no income verification and can fund distressed properties. Conventional mortgages are long-term (15–30 years), require full income documentation, take 45–75 days to close, and won't fund properties needing significant repair.
We lend up to 90% of the purchase price plus 100% of verified renovation costs, capped at 75% of the after-repair value (ARV). The ARV-based cap is the binding limit — a strong ARV supports a larger loan amount.
Yes. We work with first-time flippers regularly. A strong deal — solid ARV, realistic renovation scope, clear exit strategy — combined with a minimum 660 FICO score can qualify even without prior experience. The deal drives the decision, not your track record.
Renovation funds are held in escrow and released in tranches (typically 2–4 draws) as work is inspected and verified. Draw requests are reviewed and funded within 3–5 business days. We aim to keep the draw process as fast and painless as possible to avoid project delays.
We lend in New York (all 5 boroughs, Long Island, Westchester), New Jersey, Connecticut, Florida, Texas, North Carolina, South Carolina, Georgia, and Alabama. View all service areas →
View All FAQs →
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Apply for a Fix & Flip Loan Today

Same-day commitment · Up to 90% LTV · 100% rehab funded · Close in 7 days · No income verification

Apply Now — It's Free 📞 (516) 336-9293