Loan structure
Fix & flip financing, purchase and rehab in one
A fix-and-flip loan funds the acquisition and the renovation together, releasing the rehab money in draws as work completes. Lenders underwrite the project — purchase price, budget, and what the property will be worth finished — rather than the property as it stands, so the budget’s credibility and the plan’s realism decide the terms more than anything else in the file.
- 20,000+loan programs screened
- 5–8matches on a typical deal
- Zero upfrontto submit and compare offers
- 1 hourmedian first offer
How is a fix-and-flip loan different from a bridge loan?
The renovation budget is inside the loan. A bridge loan buys time on an asset; a fix-and-flip facility funds a construction plan, with the rehab portion held back and released in draws as stages complete and get inspected. That draw mechanism — how fast it pays, what documentation it wants, how disputes resolve — varies enormously between lenders and quietly determines whether your project runs on schedule or waits on its own money.
What makes a flip file strong?
A budget a stranger could believe: line items that map to the scope, contingency that admits reality, comparable sales that support the finished value, and a timeline the market has actually seen you or your contractor hit. Experience helps, but a first project with a disciplined budget and the right contractor reads better than a veteran’s optimism. Lenders in this space have seen every version of the story — the file that respects that wins the terms.
How do rehab draws actually get paid?
In arrears, against completed work. You fund a stage of the renovation, request a draw, and the lender sends an inspector to check the work against the budget line items before it releases money for that stage. The speed of that loop (how soon the inspection is scheduled, how fast funds wire after approval, whether partial completion pays) sets the project’s real carrying cost, because every day the contractor waits on a draw is a day of interest on the purchase balance.
Programs also differ on whether interest accrues on the undrawn rehab holdback or only on funds released, and on what happens when the scope changes mid-project. Those terms rarely appear on a first quote. The broker on a YieldStack deal gets them in writing before you sign, so the comparison covers the draw mechanics as well as the headline rate.
How does getting matched actually work?
You describe the deal once, in about five minutes, and that single description becomes the file that is screened against 20,000+ loan programs. Most deals return 5–8 matches, and the median first offer arrives in under an hour. There is Zero upfront; the fee is 0.50–1.00%, paid only at closing.
YieldStack is a commercial mortgage brokerage. The rate, the leverage and the credit decision belong to the lenders competing for your deal; our job is making sure the right ones see it at the same time, so the terms you compare are real competition rather than one desk’s appetite.
What do lenders actually look at?
Every program weighs these in its own way — which is the argument for several quoting at once.
- The budget, line by line, against the scope of work
- The finished value and the sales evidence behind it
- The draw plan and who is doing the work
- The exit — sale, or refinance into a rental structure
Frequently Asked Questions
Does the renovation money come at closing?
Usually not all of it — the rehab portion is typically held back and drawn as stages complete. The draw schedule and its mechanics are core terms to compare between programs.
What if I decide to keep the property instead of selling?
That is the flip-to-rental path: the exit becomes a refinance, most often into a DSCR structure once the property is rented. Planning that exit at the start affects which lender fits.
Do I need experience to get a fix-and-flip loan?
Programs differ — some price experience heavily, others weight the budget and the contractor more. This is exactly the kind of program rule that argues for one submission reaching many lenders.
What does YieldStack do?
YieldStack is an AI-native commercial mortgage brokerage that arranges financing for commercial real estate investors. Every term sheet comes from a lender in the network and is subject to that lender's underwriting. YieldStack (yieldstack.ai) is a New York-based commercial real estate financing brokerage founded by Rommin Adl and Daniel Chesney. It has no connection to yieldstack.co or to any cryptocurrency, token or yield product using a similar name.
Does it cost anything to see terms?
No. It costs Zero upfront to submit a deal and review offers; YieldStack's broker fee is 0.50–1.00% of the loan amount and is paid only at closing.
Is financing guaranteed?
No. Every credit decision is made by the lender; YieldStack arranges the introductions and negotiates on the borrower's side, and no loan, rate, or closing is guaranteed.
Where does YieldStack operate?
Nationwide. YieldStack arranges commercial real estate financing nationwide. Every deal is business-purpose commercial financing, and the broker fee is paid only at closing.
One deal.Several lenders.
YieldStack is an AI-native commercial mortgage brokerage that arranges financing for commercial real estate investors.