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.
- 5,000+loan programs screened
- 5–8matches on a typical deal
- $0 upfrontto submit and compare offers
- 0.50–1.00%broker fee, paid only at closing
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 does getting matched actually work?
You describe the deal once — about five minutes — and it is screened against 5,000+ loan programs. Most deals return 5–8 matches, and the median first offer arrives in under an hour. There is $0 upfront; the fee is 0.50–1.00%, paid only at closing.
YieldStack is a commercial mortgage brokerage, not a lender. 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.
Is YieldStack a lender?
No. YieldStack is a commercial mortgage brokerage, not a lender. Every term sheet comes from a lender in the network and is subject to that lender's underwriting.
Does it cost anything to see terms?
No. It costs $0 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.
Next step
One deal.Several lenders.
YieldStack is a commercial mortgage brokerage, not a lender.