Estimate your max offer, loan amount, cash needed, profit and ROI on a fix and flip, then stress test the deal for a lower sale price and a longer timeline. Free to use, no sign-up.
A Fix & Flip loan is short-term financing used by real estate investors to buy, renovate, and resell a property. Instead of underwriting the deal like a long-term owner-occupied mortgage, lenders usually focus on the investor’s purchase price, rehab budget, after-repair value, experience, liquidity, and exit strategy.
Many Fix & Flip loans are structured with interest-only payments, upfront points, and a 6- to 18-month term. The investor’s goal is to complete the renovation, list or refinance the property, and exit the loan before the term expires.
Each field below includes a plain-English definition, why lenders care, and a common mistake to avoid.
Plain English: The price you expect to pay for the property.
Why lenders care: It anchors the loan-to-cost, required cash, and profit potential.
Common mistake: Falling in love with the property and paying too close to retail value.
Plain English: The estimated resale value after renovations are complete.
Why lenders care: ARV is the collateral story. It supports leverage and exit feasibility.
Common mistake: Using active listings instead of closed comparable sales.
Plain English: The estimated cost to repair, renovate, and prepare the property for sale.
Why lenders care: Rehab budget quality shows whether the project can actually reach the expected ARV.
Common mistake: Underbudgeting labor, permits, dumpsters, landscaping, punch-list items, and change orders.
Plain English: Loan amount divided by total project cost.
Why lenders care: Shows how much lender capital is in the deal compared with investor capital.
Common mistake: Counting only purchase price and ignoring rehab, closing costs, and lender fees.
Plain English: Loan amount divided by the projected finished value.
Why lenders care: Shows the lender’s collateral coverage if the project has to be sold.
Common mistake: Assuming high ARV leverage without enough comparable-sale support.
Plain English: Upfront lender fees charged as a percentage of the loan amount.
Why lenders care: Points compensate for the short term and risk of the loan.
Common mistake: Calculating profit without subtracting financing fees.
Plain English: Costs paid while you own the property, including interest, taxes, insurance, utilities, HOA, lawn, snow, and security.
Why lenders care: Delays can quickly erase profit.
Common mistake: Planning a 3-month hold on a project that realistically needs 6 to 9 months.
Plain English: Costs to exit the deal, including agent commissions, transfer taxes, seller credits, and closing costs.
Why lenders care: Net sale proceeds determine whether the loan can be paid off comfortably.
Common mistake: Treating ARV as cash in your pocket instead of subtracting the cost to sell.
Plain English: Extra rehab cushion for surprises.
Why lenders care: Reserves reduce the chance that a project stalls mid-renovation.
Common mistake: Running a tight budget with no room for hidden damage, permit delays, or contractor changes.
Asset-based financing for investors buying a property that is not bank-ready or taking on a project a bank will not finance. How hard money loans work.
Best for: distressed properties, auction purchases, heavy rehab, and experienced investors.
Short-term financing used to bridge the gap between purchase, renovation, sale, or refinance.
Best for: investors with a clear exit timeline and a property that needs repositioning.
Capital from individuals or private groups. Terms vary widely and should be documented carefully.
Best for: relationship-based funding where speed and flexibility matter.
Some investors flip into a rental instead of selling. The exit may be a DSCR rental loan* if the property supports market rent.
Best for: BRRRR-style investors who want to keep the asset.
Use this calculator to estimate max allowable offer, loan sizing, cash needed, profit, ROI, and break-even resale price.
Default rate, points and fees are examples only, not a quote. The loan is the lower of the two limits: % of total cost or % of ARV (VeeCasa Funding: 90% and 70%).
Enter quick line items, then push the total into the main calculator.
A flip is not only about the purchase price. The deal needs enough margin to survive a lower sale price, longer holding period, contractor delays, and buyer negotiations.
It depends on the lender, the deal and your experience. With VeeCasa Funding the loan covers up to 90% of purchase plus rehab (capped at 70% of after-repair value), so plan on at least 10% of total cost plus closing costs, points, inspection fees, monthly interest, taxes, insurance, utilities and reserves.
Yes. VeeCasa Funding includes the rehab budget in the same loan and releases it in draws after a third-party inspection verifies the completed work. Interest is charged only on funds that have been drawn.
The 70% rule is a quick screening formula: maximum offer equals 70% of ARV minus repairs. It is not a loan approval rule, but it helps investors avoid overpaying.
Some lenders work with first-time flippers at lower leverage and with more cash in the deal. VeeCasa Funding requires flipping experience, reviewed case by case based on your completed projects and your team.
Longer timelines increase interest, taxes, utilities, insurance and opportunity cost. If the loan matures before you exit, you may need an extension, a refinance, a sale or more cash. Use the delay stress test above to see how much cushion you have.
Entity documents, the purchase contract, a scope of work with an itemized rehab budget, contractor details, recent bank statements, your exit plan and a list of past projects.
No. It is an estimate for planning only. Actual loan amount, rate, points and terms depend on underwriting, the appraisal and the property.
When the numbers work, VeeCasa Funding can finance the purchase and the rehab in one loan: up to 90% LTC, 12 to 18 months, $100,000 to $2,000,000.
Or call (732) 314-1874.
Results are estimates for illustration only and are not a loan offer, quote or commitment to lend. Maximum LTC and ARV percentages are guidelines and may be reduced based on the borrower, property and project. Loan amount, rate, fees, term and conditions are subject to underwriting, appraisal and final approval, and may change without notice.
* DSCR rental loans are arranged through a partner lender and are not funded directly by VeeCasa Funding. Terms and approval are set by that lender.
VeeCasa Funding LLC makes loans for business and investment purposes only, secured by non-owner-occupied real estate, to business entities only. These are commercial loans, not consumer mortgages, and are not intended for personal, family, or household use.
VeeCasa Funding LLC · 301B Amboy Ave, Woodbridge, NJ 07095 · (732) 314-1874
VeeCasa Funding LLC · 301 Amboy Ave, Woodbridge, NJ 07095 · (732) 314-1874
Loans are for business or investment purposes only and are not available for personal, family or household use or for owner-occupied property. Loans are made to entities (LLCs and corporations). Approval is subject to underwriting, property evaluation and eligibility; terms vary by loan. *DSCR rental loans are arranged through a partner lender and are not funded directly by VeeCasa Funding.
