For California investors: up to 90% of the purchase price and 100% of the rehab budget. Short-term, interest-only money to buy and renovate homes you plan to sell or rent, from our office in Los Angeles.
Anatoliy KanevskyFounder · NMLS #2775380A fix and flip loan is a short-term, interest-only loan that finances the purchase and renovation of an investment property. Part of the purchase price is funded at closing, the renovation budget is held back and released in draws as work is completed, and the loan is repaid when the property is sold or refinanced, typically within 12 months.
Up to 90% of the purchase price plus 100% of the rehab budget, as long as the total loan stays within 70% of the after-repair value (75% for qualifying experienced investors). Here is the math on a typical deal:
| Example deal | Amount |
|---|---|
| Purchase price | $500,000 |
| Rehab budget | $100,000 |
| After-repair value (ARV) | $800,000 |
| 90% of the purchase, funded at closing | $450,000 |
| 100% of the rehab, released in draws | $100,000 |
| Total loan | $550,000 |
| ARV check: 70% of $800,000 | $560,000 — the loan fits |
| Your cash to close | $50,000 + closing costs and one month of interest reserve |
Illustration only; your terms depend on experience, credit and the project.
The more projects you have completed in the last three years, the more of the purchase price is financed and the heavier the renovation can be.
| Projects in the last 3 years | Credit from | Light / moderate rehab | Heavy rehab | Additions, ADUs, expansion | Rehab budget up to |
|---|---|---|---|---|---|
| None (first flip) | 680 | 75%–90% of purchase | — | — | $100,000 |
| 1–2 | 680 | 80%–90% of purchase | 75% | — | 2× your largest project, max $500K |
| 3–4 | 660 | 85%–90% of purchase | 80%–85% | 80%, no ADUs (680+ credit) | 2× your largest project, max $500K |
| 5–9 | 660 | 90% | 85% | 85% (680+ credit) | 2× your largest project, max $500K |
| 10+ | 660 | 90% | 90% | 85% (680+ credit) | 2× your largest project, max $500K |
Same person from the first call to the payoff.
Send me the address, what you’re paying, the rehab budget and what it will sell for. I’ll tell you how much of that the loan covers and how much cash you need to bring, before you pay for an appraisal.
Send the address, purchase price, rehab budget and ARV. You’ll hear how much leverage to expect before you pay for an appraisal.
Anatoliy Kanevsky reviews investor deals himself. Direct line 310-686-5053
Business-purpose loans only. The programs on this page finance non-owner-occupied investment property purchased or refinanced by an LLC or corporation. They are not available for personal, family or household purposes or for a home you live in. Owners typically sign a personal guarantee. Loans are made or arranged by West Coast Capital Mortgage (NMLS #2817729, CA DRE Corporation License #02440065) and funded by our private lender. Figures are program maximums under current program guidelines as of November 5, 2026. Actual leverage, loan amount, rate, term and eligibility depend on experience, credit, liquidity, the property, the market and underwriting. Some markets receive lower leverage or are not eligible, and programs change without notice. Nothing on this page is an offer of credit, a rate quote or a commitment to lend.