# Fix and Flip Loans: Fast Capital for Real Estate Investors

What fix and flip loans cover, how draws and interest-only terms work, who they fit, and how Quanta Finance closes them in as little as 5 business days.

Published 2019-08-23. Updated 2026-10-12.

When a distressed property or undervalued listing hits the market, the investor who can fund the purchase and the renovation first usually gets it. 

That is what [fix and flip loans](https://quantafinance.com/loan-programs/fix-and-flip) are for.

This post covers what fix and flip financing is, when to use it, how it compares with bank lending, and how [Quanta Finance](https://quantafinance.com/) structures it for investors who run more than one project.

## What Are Fix and Flip Loans?

A [fix and flip loan](https://quantafinance.com/loan-programs/fix-and-flip) is short-term financing for investors who buy a property, renovate it, and resell it. 

A traditional mortgage is slow and paperwork-heavy. Fix and flip financing is underwritten on the project and funded in days.

These loans typically cover:

-   **Acquisition costs:** buying distressed or undervalued properties
-   **Renovation expenses:** from cosmetic upgrades to major structural repairs
-   **Carrying costs:** taxes, insurance, and holding expenses while the property is improved

Because the loan is asset-based, the lender looks at the property’s [after-repair value (ARV)](https://www.wallstreetprep.com/knowledge/after-repair-value-arv/) and your experience rather than strict income or credit requirements.

That is how you get capital in _days_ instead of months, which matters when you are bidding against other investors.

![Clock, houses, and a jar of coins representing time and real estate investment](https://quantafinance.com/images/clock-houses-and-a-jar-of-coins-representing-time-and-real-estate-investment.jpg)

## How Fix and Flip Financing Works

Fix and flip loans are usually interest-only, short-term (6–18 months), with renovation funds released in draws as the work hits milestones.

The process:

1.  **Property purchase:** the loan funds the acquisition
2.  **Rehab phase:** renovation funds are released in stages as work is completed
3.  **Sale or refinance:** when the project is done, you sell the property or refinance it into a long-term rental loan

You pay interest only on what has been drawn, so costs stay predictable and track the project timeline.

## Benefits of Fix and Flip Loans for Real Estate Investors

Compared with bank financing, fix and flip loans have a few advantages:

-   **Speed to close:** Quanta Finance closes in as little as 5 business days
-   **Underwriting:** approval rests on property value and the project, not personal income documentation
-   **Cash in reserve:** financing the deal leaves your own cash free to run several projects at once
-   **Margin:** moving fast on an undervalued property means less competition and a better spread

[Apply for a Fix and Flip Loan](https://quantafinance.com/loan-programs/fix-and-flip)

## Who Should Use Fix and Flip Loans?

These loans fit:

-   **House flippers:** targeting distressed homes with high ARV potential
-   **Value-add investors:** improving multi-family properties for resale
-   **BRRRR investors:** Buy, Rehab, Rent, Refinance, Repeat
-   **Portfolio builders:** running several projects at once

If your strategy depends on short-term capital and a fast close, this is the loan built for it.

![A man with a hard hat standing on steps fixing a roof on a house](https://quantafinance.com/images/a-man-with-a-hard-hat-standing-on-steps-fixing-a-roof-on-a-house.jpg)

## Why Choose Quanta Finance for Fix and Flip Financing?

Plenty of lenders advertise fix and flip financing. Here is what Quanta Finance brings:  

-   **Track record:** over 6,250 loans closed since 2016
-   **Speed:** our loans close in days, not months
-   **Common-sense underwriting:** deals are judged on the project, not a checklist
-   **Direct lender:** no middlemen, so decisions come faster with fewer delays
-   **Reach:** licensed in 42+ states and D.C.

[Explore Our Loan Programs](https://quantafinance.com/loan-programs)

## Fix and Flip vs. Other Investment Loans

Picking the wrong loan type costs money. Here is how fix and flip loans compare with the other investor loans we offer:

**Heavy Rehab Loans**  
For properties that need significant structural work or system replacements (HVAC, electrical, roofing, foundation). [Heavy rehab loans](https://quantafinance.com/loan-programs/heavy-rehab) carry more funding and a longer timeline than a standard fix and flip loan.

**New Build Loans**  
For ground-up construction. [New build loans](https://quantafinance.com/loan-programs/new-build) cover land acquisition through vertical construction, for investors building single-family homes, duplexes, or small multifamily to sell or add to a rental portfolio.

**Bridge Loans**  
Short-term financing that covers the gap until permanent financing or a sale. [Bridge loans](https://quantafinance.com/loan-programs/bridge) suit an investor who needs capital now and plans to refinance into a long-term rental loan or bank financing later.  

Many investors use fix and flip loans for quick-turn projects and rehab or bridge loans for the complicated ones. Quanta Finance offers all three.

## Fund Your Next Fix and Flip Project

A fix and flip loan funds the purchase and the renovation on a short timeline, with draws matched to the work. If you need to move on a project in days, this is the loan for it.

To start, fill out the [quick one-minute application](https://quantafinance.com/apply-now) or [contact our team](https://quantafinance.com/contact).

Web page: https://quantafinance.com/fix-and-flip/fix-and-flip-loans-fast-capital