Purchase and renovation financing for investment properties. One loan, one close, fast funding.
A fix-and-flip loan combines acquisition financing and renovation funding into a single short-term loan. It is designed for real estate investors who purchase distressed or undervalued properties, complete renovations, and sell for a profit. The loan covers both the purchase price and the construction budget, with rehab funds disbursed through a draw schedule as work progresses.
Montana's real estate market offers significant opportunities for experienced rehabbers, from aging housing stock in established neighborhoods to commercial properties in growing communities. Renegade Capital provides the capital and speed that fix-and-flip investors need to execute their business plans.
Whether you are completing your first flip or your fiftieth, our underwriting team evaluates the deal holistically — the property, the scope of work, the after-repair value, and your ability to execute. We structure loans to align with your project timeline and exit strategy.
Finance both the acquisition and the renovation with a single loan. No need to secure separate financing for the purchase and the construction budget.
Renovation funds are disbursed in draws as work is completed, keeping your project on track and your capital working efficiently.
Move quickly on distressed or off-market deals. We can fund acquisitions in as few as 7 business days so you never lose a deal to a slow lender.
We underwrite the deal and the borrower. Experienced flippers with a track record receive better terms, faster approvals, and higher leverage.
Fix-and-flip loans are structured for experienced and emerging real estate investors. General requirements include:
Provide property details, purchase price, rehab budget, and your ARV estimate. We respond within 24 hours.
We evaluate the deal, review your scope of work, and issue terms — typically within 48 hours.
Purchase funds are disbursed at closing. Rehab funds are held in reserve for draw schedule disbursement.
Submit draw requests as milestones are completed. Sell or refinance upon project completion.
Rehab funds are held in reserve and disbursed as construction milestones are completed. You or your contractor submits a draw request, we inspect the completed work (or review photos for smaller draws), and funds are released — typically within 2 to 3 business days. This protects both the borrower and the lender.
We finance single-family homes, duplexes, small multi-family (up to 4 units), and small commercial properties for renovation and resale. The property must be in Montana and the loan must be for business/investment purposes. We do not finance owner-occupied flips.
Prior experience is not strictly required, but it significantly impacts your terms. First-time flippers can qualify with lower leverage (60-65% LTV), a strong scope of work, and demonstrated ability to manage the project. Experienced flippers with completed projects receive better rates and higher leverage.
Plan for closing costs (origination fee, title insurance, appraisal), carrying costs during renovation (monthly interest payments, insurance, utilities, property taxes), and selling costs (agent commissions, transfer taxes). We can help you model the full project budget during underwriting.
Yes. Many borrowers use the BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat). After renovation, you can refinance into a longer-term loan — including our DSCR rental loan product — to hold the property as a rental. We can structure the fix-and-flip loan with this exit strategy in mind.
Send us your deal details and we will have a term sheet back to you within 48 hours. No obligation, no hard credit pull to get started.