Fix-and-Flip Loans Without the Bank: How Real Estate Investors Close in 10-14 Days

If you have ever tried to fund a fix-and-flip through a conventional bank, you already know the problem: banks were built for W2 borrowers buying primary residences – not real estate investors buying distressed properties on 60-day contract windows.

Why Banks Fail Real Estate Investors

The typical bank fix-and-flip timeline: Day 1 application, Day 14 appraisal ordered, Day 45 decision (frequently a no citing property condition or DTI). A 45-day approval window on a 90-day contract is a deal-killer – not a feature.

What Private Bridge Lending Actually Looks Like

Private bridge loans operate on a completely different underwriting model. The collateral is the asset, not the borrower tax return. That single change compresses timelines from 45 days to 10-14.

• Loan-to-cost: Up to 90% of the purchase price
• Rehab funding: Draw schedule advances as construction milestones are hit
• Income verification: Not required – the deal qualifies, not the borrower W2
• Timeline: Term sheet in 3-5 days, closed and funded in 10-14 days
• Active geographies: FL, TX, GA, SC, and more

The Real Cost of Waiting

A $200,000 fix-and-flip with a 4-month hold: 45 days of bank review costs $8,000-$12,000 in carrying costs before one nail is hammered. If the bank says no at day 45, you have lost the deal entirely. Private bridge lending prices speed upfront – the rate reflects it, but the deal closes. Apply at slatefinancial.io/apply/fix-and-flip.

What Qualifies a Fix-and-Flip Deal

We work with lenders who underwrite on the deal: ARV vs total cost, realistic scope of work, exit strategy, and property type. What does NOT disqualify you: low credit score, no W2 income, or distressed property condition – distressed is the investment thesis.

The BRRRR Strategy and Bridge Loans

For investors running Buy-Rehab-Rent-Refinance-Repeat, bridge lending funds the first two steps. Once the property is stabilized and rented, a DSCR loan refinances the bridge out based on rental income – not personal income. This is how investors build portfolios without recycling all their own capital every deal.

How to Apply

The application takes under 5 minutes. Property address, estimated purchase price, rehab budget, and rough ARV. We match your deal to lenders who actively fund that geography and deal size within 24 hours.

Funding subject to lender approval. Results vary by deal, borrower profile, and market conditions.

See what your deal qualifies for: slatefinancial.io/apply/fix-and-flip

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