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Fix and Flip Loan

Fix-and-flip loan are short-term loans used by real estate investors to purchase and improve a property to then sell for a profit or refinance. These improvements range from minor renovations to a complete reconstruction of an existing home. The initial draw will be calculated based on the As-is Value of the Property and the renovation budget will be advanced in construction draws.


Standard Loan Terms

  • Max Loan Amount: $5,000,000
  • Max LTC/ARV (Loan to Cost / After Repaired Value):
    Experienced Investors: The Lesser of 85% LTC or 70% ARV.
    Inexperienced Investors: The Lesser of 80% LTC or 65% ARV.
  • Rates: Starting at 9.99%
  • Term of loan: 12-18 months
  • Payments: Monthly Interest Payments with
    Balloon at Maturity
  • Prepayment penalty: None

Standard Closing Costs

  • Origination Fee: 1-2%
  • Underwriting Fee: $1,500
  • Draw Fee (for future draws on the loan): $350
  • Legal: $750 – $1,500
  • Appraisal Fee: $500-$950
  • Title Insurance and recording fees: 1%

Property Types

  • Condominiums.
  • Single-family residences.
  • Two to four units.
  • Multifamily homes.
  • Townhouses.
  • Other property types case by case

Standard Requirements:

  • Credit Application
  • Last 2 bank statements (US bank account)
  • Copy of ID and Borrowing Entity docs
  • Purchase Contract (If Purchase)
  • Project budget/ Scope of work
  • Approved plans (If applicable)
  • Track Record Sheet
  • Contractors information
  • Property Insurance

Standard Closing Time

  • The Usual Time to Close is 10-15 days.

RBI Private Lending is a direct lender and does not rely on other institutions to close the loans. Once the title work, appraisal and feasibility report are ready, We will be too!

Contact us


Do you make personal loans? 
We do not make personal loans, only for real estate investment. 

What kind of real estate loans do you make? 
RBI finances real estate investments, both the purchase of properties for rent or second residence, as well as renovations for subsequent resale. We also finance the real estate development 

What is the interest rate and loan term?
Usually, loan rates are 9% and 1.75% points. Loan terms are 12-36 months

What is the loan type?
Most our loans are interest only, which means a fixed interest is paid throughout the term and full balance at maturity. For example, a $100,000 with 12 months term and 9% rate will yield 12 monthly payments of $750 and a final payment of $100,000

What happens if I sell the property or prepay the loan before maturity?
In most of our loans there is no prepayment penalty.