Home / 100% financing
100% fix and flip financing: purchase and rehab
Buy the deal right and we fund all of it. Our Houston hard money loans cover 100% of the purchase price and 100% of the rehab, with one limit: up to 70% of the after-repair value.
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Estimate only. Loan amount is the lower of 100% of purchase plus rehab or 70% of the sale price when finished (after-repair value). Minimum loan $150,000. Business-purpose loans on investment property.
What 100% financing means here
100% financing means the loan covers the whole purchase price and the whole rehab budget. It does not mean any deal at any price. The loan is limited to 70% of the after-repair value, so the 100% applies to deals bought far enough below what the finished house will sell for.
The 100% applies to the purchase price and the rehab budget. Ask about closing costs when you get your terms.
Find the highest price that still gets 100%
Work backward from the after-repair value. Take 70% of it, subtract your rehab budget, and what is left is the most you can pay and still have everything funded.
| Deal | Amount |
|---|---|
| After-repair value | $400,000 |
| 70% of after-repair value | $280,000 |
| Rehab budget | $80,000 |
| Highest purchase price for 100% funding | $200,000 |
Pay $200,000 or less for this house and the full purchase and the full $80,000 rehab are in the loan. The 70% rule calculator does this for any deal.
When a deal does not get 100%
If the purchase price plus the rehab is more than 70% of the after-repair value, the loan stops at the limit and you bring the rest.
| Deal | Amount |
|---|---|
| Purchase price | $210,000 |
| Rehab budget | $70,000 |
| Total cost | $280,000 |
| After-repair value | $380,000 |
| 70% of after-repair value | $266,000 |
| You bring | $14,000 |
| Loan amount | $266,000 |
Smaller deals
Our loans start at $150,000. A deal can pass the 70% test and still be too small.
| Deal | Amount |
|---|---|
| Purchase price | $95,000 |
| Rehab budget | $35,000 |
| Total cost | $130,000 |
| After-repair value | $200,000 |
| 70% of after-repair value | $140,000 |
| Loan amount | $130,000, under the $150,000 minimum |
Questions investors ask
Straight answers about 100% financing hard money loans.
What does 100% fix and flip financing mean?
We fund 100% of the purchase price and 100% of the rehab budget, as long as the total loan is no more than 70% of the after-repair value.
Is 100% financing available on every Houston flip?
No. It is available when your purchase price plus rehab budget is at or under 70% of the after-repair value, and the loan is at least $150,000.
Do I need a second lender for the gap?
Not when your total cost is at or under 70% of the after-repair value. In that case one loan covers the purchase and the rehab.
What is the smallest loan you make?
Loans start at $150,000.
How fast can you close?
We can close in 5 days.
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