CambridgeHomeLoan.com Florida Fix & Flip Loans – Up to 90% Purchase + 100% Rehab·Rates from 9.99%·Close in as Fast as 7 Days
Florida Fix & Flip Lender · Direct Lender Since 1998 · NMLS #1826020

Florida Fix & Flip Loans

Buy, renovate and resell Florida properties with funding for both the purchase and the rehab. We underwrite the deal on its numbers: the after-repair value, your scope of work and a realistic Florida budget. You get clear terms upfront and fast draws as the work gets done. Up to 90% of purchase, up to 100% of rehab costs, and closings in as little as 7 days.

  • 90% of purchase + 100% of rehab, up to 75% of the after-repair value (ARV)
  • Close in as fast as 7 days – compete on auction, off-market and wholesale deals
  • Interest-only payments on 12-18 month terms built for a flip timeline
  • Inspection-based rehab draws – renovation funds released as the work is completed
  • First-time flippers, LLCs & foreign nationals welcome · no tax returns or W-2s
Get Your Free Florida Fix & Flip Quote
We never pull your credit just to see numbers · same-day term sheet.
  • Tell us about the dealAddress, purchase price, rehab budget and your estimated ARV.
  • Get clear, deal-based termsPriced on the project’s numbers and your experience, not your tax returns.
  • Close in as fast as 7 daysStart renovating and draw rehab funds as work is completed.
Start My Free Quote → Call (800) 826-5077
90%Of Purchase Price
100%Of Rehab Costs
75%Max Loan-to-ARV
9.99%Rates From
7 DaysClose
No PullTo Quote

Florida Fix & Flip Loans at a Glance

  • Purchase funding: Up to 90% of the purchase price.
  • Rehab funding: Up to 100% of renovation costs, released in draws as work is completed.
  • Leverage cap: Up to 75% of the after-repair value (ARV), so the loan stays tied to what the finished home is worth.
  • Rate: From 9.99%, interest-only during the term.
  • Term: 12-18 months, designed around a typical renovate-and-sell timeline.
  • Credit: FICO from 660 accepted; stronger credit and experience earn better pricing.
  • Speed: Closings in as little as 7 days, which matters on auctions, off-market and wholesale deals.
  • Qualifying basis: The deal itself – purchase price, rehab scope and ARV – not your tax returns or W-2s.
  • Project types: Cosmetic and heavy rehabs, single-family homes, townhomes, condos and 2-4 unit properties.
  • Borrower flexibility: First-time flippers and foreign nationals welcome, and you can close in an LLC.
  • Exit options: Sell the renovated home, or keep it and refinance into a long-term rental loan.
  • Quote: Free – we never pull your credit just to see the numbers.
  • Lender: CambridgeHomeLoan.com – direct lender since 1998, NMLS #1826020.

Fix & flip financing

What is a fix and flip loan?

A fix and flip loan is short-term financing for buying a property that needs work, renovating it, and selling it for a profit. Unlike a conventional mortgage, it is built around the project: the loan covers part of the purchase price and the renovation budget, and it is repaid when you sell or refinance. Lenders size it on the purchase price, the rehab scope and the after-repair value (ARV), meaning what the property should be worth when the work is done.

Loan-to-ARV = (Purchase loan + Rehab loan) ÷ After-repair valueMost lenders cap this at 70-75% of ARV. Keeping it under the cap leaves you a cushion if the market or the budget moves.

Because the numbers are tied to the finished value, the approval focuses on whether the deal works: realistic comparable sales, a credible scope of work, and a budget that fits Florida costs. That is why fix and flip loans are the standard tool for investors who buy distressed properties, move quickly, and need renovation money without waiting on a bank.

A quick example

You buy a Florida home for $250,000, plan $60,000 of renovations, and comps support an ARV of $400,000. A loan of 90% of purchase ($225,000) plus 100% of rehab ($60,000) is $285,000, or about 71% of ARV, inside a 75% cap. Your cash in is roughly the $25,000 down payment plus closing costs, points and interest. The rehab funds are released in draws as the work is completed.

Why Florida rehab budgets need care

Roofs, windows, electrical, plumbing and flood rules can move a Florida budget quickly. In a FEMA flood zone, renovations that exceed a set share of the structure’s value (commonly 50%) can trigger requirements to bring the whole building up to current flood standards. We encourage you to confirm scope, permits and flood status before you buy.

Who fix and flip loans are for

Full-time flippers, part-time investors, builders, and first-time flippers with a solid deal and a capable contractor. They also suit buyers competing against cash offers, since a fast close can win the property.

What you do not need

No W-2s, pay stubs or tax returns. Qualification centers on the deal, your credit profile, your cash to close, your reserves and, where relevant, your flipping experience.

Purchase fundingUp to 90% of the purchase price
Rehab fundingUp to 100% of renovation costs, paid in draws
Max leverageUp to 75% of ARV
CreditFICO from 660 accepted
Rate & paymentsFrom 9.99%, interest-only
Term12-18 months
Property typesSFRs, townhomes, condos, 2-4 unit properties; heavy rehabs considered
BorrowerIndividual, LLC, or entity · first-time flippers and foreign nationals welcome
See what your Florida flip qualifies forFree quote · no credit pull required.
Get My Quote →

What sets us apart

Deal-based underwriting built for Florida flips

A flip lives or dies on three numbers: what you pay, what the rehab really costs, and what the finished home sells for. Many lenders fund the purchase and leave you to carry the renovation, or slow the project down with drawn-out reviews and paperwork.

We look at the whole deal. We review the scope of work and budget, check the ARV against recent comparable sales, and factor in Florida realities such as roof age, insurance availability and flood zone. The result is a clear term sheet before you commit, and rehab draws that follow the work on the property so your contractor is not left waiting.

✓ Purchase + rehab funded✓ Rates from 9.99%✓ Up to 75% ARV✓ FICO 660+✓ No credit pull to quote✓ Close in 7 days
Get My Real Quote →

Eligible projects

Florida fix and flip projects we finance

From a light cosmetic update to a full gut renovation, we look at the deal on its merits:

Cosmetic Flips

Kitchens, baths, flooring, paint and curb appeal on single-family homes and townhomes.

Heavy Rehabs

Roofs, systems, layout changes and full gut renovations of distressed or foreclosed homes.

Condo Flips

Unit renovations, reviewed with attention to association documents, reserves and any special assessments.

2-4 Unit Properties

Duplexes, triplexes and fourplexes renovated to sell or to hold as rentals.

Have a specific Florida property in mind?Get a free, no-credit-pull quote.
Get My Terms →

Programs

Florida fix and flip loan programs

The same deal-based underwriting supports several ways to buy, renovate and exit a Florida project:

Purchase + Rehab

90% purchase · 100% rehab

Buy a distressed property and finance the renovation in one loan, with rehab funds released in draws.

Refinance + Rehab

For properties you own

Already own a property that needs work? Refinance it and fund the renovation to unlock its value.

Fast-Close Purchase

As fast as 7 days

Win auction, wholesale and off-market deals where a quick, reliable close beats a higher offer.

Fix-to-Rent Exit

Refinance into a DSCR loan

Keep the renovated property instead of selling, and refinance into a long-term rental loan.

Eligibility & requirements

Eligibility and requirements for fix and flip loans in Florida

Fix and flip underwriting looks at three things: the property, the borrower, and the deal. Here is what we typically look for. Final terms depend on the full file.

Borrower eligibility

  • FICO of 660 or higher; higher scores earn better pricing
  • Individuals, LLCs, corporations and other entities may borrow
  • First-time flippers considered; experience can improve leverage and pricing
  • Foreign nationals welcome; valid ID, plus entity documents if closing in an LLC

Property eligibility

  • Non-owner-occupied, business-purpose investment property
  • SFRs, townhomes, condos and 2-4 unit properties
  • Cosmetic or heavy rehabs with a clear scope of work
  • Insurable property, with flood status confirmed

Deal eligibility

  • Up to 90% of purchase and 100% of rehab
  • Total loan up to 75% of ARV
  • Purchase or refinance with a renovation budget
  • A realistic budget, timeline and exit plan
Down payment / equityAs little as 10% of the purchase price, plus any rehab costs not financed
Credit660+ FICO accepted
ExperienceFirst-time flippers considered; experienced flippers typically receive the strongest leverage and pricing
Rehab fundsHeld in a draw account and released as work is completed and inspected
ReservesRequired, with the amount depending on the deal and your profile. Ask for your specific figure on the term sheet.
DocumentsPurchase contract, scope of work and budget, contractor information, ID, entity documents and an insurance quote
AppraisalRequired, including an as-is value and an after-repair value
VestingIndividual, LLC, or entity
Not eligiblePrimary residences and second homes for personal use

Requirements shown reflect our strongest profiles and may vary by property, borrower and market conditions.

Free tool

Florida fix and flip profit calculator

Enter your numbers to estimate the loan, your cash in, your carrying costs and your net profit. Illustrative only; your real terms depend on the property, your profile and the appraisal.

Your flip

Estimated total loan–
Loan-to-ARV–
Estimated cash invested–
Interest during project–
Total project cost–
Estimated net profit–
Return on cash invested–
Get my real quote →

Illustrative only; not a commitment to lend. Assumes interest-only payments paid out of pocket, rehab funds drawn evenly over the project, and the financing percentages you enter. Loan-to-ARV above 75% would exceed a typical cap. Does not include holding costs such as taxes, insurance and utilities, or budget overruns. Rate, points and costs are example inputs.

How we compare

CambridgeHomeLoan vs. banks and typical lenders for Florida flips

Banks and many lenders are built for owner-occupied mortgages, not renovation projects. Here is how our program typically differs.

FeatureCambridgeHomeLoanBanks & Typical Lenders
Rehab fundingUp to 100% of rehab, paid in drawsOften purchase only, or limited rehab funds
Time to closeAs fast as 7 daysOften 30-45+ days
Underwriting basisThe deal: price, scope and ARVPersonal income, tax returns and DTI
Distressed propertiesConsidered, including heavy rehabsOften declined if not move-in ready
Quote processNo credit pull to quoteOften requires a credit pull upfront
First-time flippersConsidered with a solid dealOften require a flipping track record
Exit flexibilitySell, or refinance into a DSCR rental loanTypically sell or refinance elsewhere

Typical-lender column is a generic composite of commonly seen terms as of 2026, subject to change, and does not describe any specific lender.

See your real numbers, not a guessFree quote – we never pull your credit to give you one.
Get My Terms →

How it works

Florida fix and flip loan process: 6 steps from application to payoff

Our process is built to be fast and predictable. Here is what happens at each stage and what we may ask of you.

1

Submit your deal

Complete our short online application or call us. Share the property address, purchase price, rehab budget, estimated ARV and your timeline. No credit pull is needed to get your first quote.

2

We review the scenario

A loan officer reviews your deal the same day. We check the numbers, the loan-to-ARV, the property type and your experience, and flag any concern early, such as a flood-zone question or a thin margin.

3

We underwrite the project

Underwriting verifies the deal. We order the appraisal with an as-is and after-repair value, review your scope of work and contractor details, confirm insurance, and review the entity and ID documents.

4

Terms sent for your review

We send the full terms: rate, loan amount, leverage, draw schedule, fees and closing costs. Your loan officer walks you through each line so you can approve with confidence or adjust the structure.

5

Close the loan

Once you approve, we issue final loan documents. You review and e-sign, and title and entity requirements are completed. We coordinate with your agent, attorney and title company to keep your closing date on track.

6

Renovate, draw and pay off

Start the work. As milestones are completed and inspected, rehab funds are released to keep your contractor paid. When the property sells or you refinance, the loan is paid off and you keep the profit.

Ready to start step 1?Free quote · no credit pull to see it.
Apply Now →

Local markets

Florida fix and flip loans by city

Every Florida market flips differently. Entry prices, buyer demand, housing age, insurance and flood exposure all shape a flip’s margin. Below is a guide to 20 cities we serve, covering why flippers invest there, what projects are common, who buys the finished homes, and what to watch for.

Miami, Florida

Why flippers invest: Miami has one of the deepest buyer pools in the state, fueled by local move-up buyers, international demand and a steady flow of relocations. Renovated homes in established neighborhoods can command strong resale prices.

Typical flip projects: Older concrete-block homes are a common target for kitchen and bath updates, new flooring, impact windows and roof work. Condo unit renovations are also frequent, though they carry extra review.

Exit buyers: Owner-occupants moving up, international and second-home buyers, and investors buying turnkey rentals.

What to plan for: High entry prices leave less room for error, so the ARV and budget need to be tight. Flood zones, permitting timelines and, for condos, association reserves and special assessments can all affect the margin.

Fix and flip loans in Miami: We fund purchase and rehab together, review the scope against recent comps, and can close quickly when you need to move on a competitive deal.

Orlando, Florida

Why flippers invest: Orlando’s broad job base and steady in-migration keep demand for homes strong across the metro. Large suburban housing stock built over several decades gives flippers plenty of renovation candidates.

Typical flip projects: Cosmetic and mid-level updates dominate: kitchens, baths, flooring, paint and landscaping on single-family homes in established subdivisions, plus roof and A/C replacements where needed.

Exit buyers: First-time buyers, growing families, relocating workers and investors. Homes near good schools and commuter routes tend to sell fastest.

What to plan for: New-construction inventory competes with renovated resale homes, so pricing discipline matters. HOA rules can limit exterior changes and contractor access, and insurance costs affect buyer affordability.

Fix and flip loans in Orlando: We finance up to 90% of purchase and 100% of rehab, with fast closings that help you win properties before they reach the open market.

Tampa, Florida

Why flippers invest: Population growth and a strong job market have kept Tampa Bay demand high. Older neighborhoods close to downtown and the water offer flippers the biggest value-add potential.

Typical flip projects: Mid-century and older bungalows in areas like South Tampa and Seminole Heights are popular, often needing electrical, plumbing and layout updates. Suburban cosmetic flips in places like Brandon are also common.

Exit buyers: Young professionals, move-up families, relocations from out of state and investors. Character homes with modern interiors often attract strong interest.

What to plan for: Flood zones and storm exposure are important in many parts of the area. Older systems can inflate rehab budgets, and permitting can add time, so build a realistic schedule.

Fix and flip loans in Tampa: Our rehab draws follow inspected progress, and we review flood status and insurance early so surprises do not erode your profit.

Jacksonville, Florida

Why flippers invest: Jacksonville generally offers lower purchase prices than South Florida, which can make the math easier for first-time and budget-minded flippers. The city’s size means a wide range of neighborhoods and price points.

Typical flip projects: Cosmetic flips of ranch homes, heavy rehabs of older properties in urban neighborhoods such as Riverside, Avondale and Springfield, and updates to homes near the Southside and Mandarin.

Exit buyers: Military families tied to the area’s naval bases, healthcare and finance workers, first-time buyers and investors.

What to plan for: Values can vary a lot from block to block, so comps matter more than citywide averages. Some areas near the river and coast carry flood considerations.

Fix and flip loans in Jacksonville: We structure each Jacksonville deal on its own numbers, with funding for both purchase and renovation and a 75% ARV cap that keeps leverage conservative.

Fort Lauderdale, Florida

Why flippers invest: Waterfront and near-water homes carry a premium, and renovated properties in desirable neighborhoods can sell at strong prices. The market attracts both local and seasonal buyers.

Typical flip projects: Mid-century homes updated with modern open layouts, high-end finishes, outdoor living spaces and impact-rated windows and doors. Waterfront properties may also need dock or seawall work.

Exit buyers: Move-up buyers, seasonal residents, boaters and out-of-state relocations.

What to plan for: Higher prices mean higher stakes. Seawall condition, flood zones, elevation rules and permitting can change a budget quickly, so inspect carefully before you buy.

Fix and flip loans in Fort Lauderdale: We review waterfront and higher-value deals carefully, finance the renovation in draws, and can close fast when a good property comes up.

St. Petersburg, Florida

Why flippers invest: St. Petersburg’s walkable neighborhoods, arts scene and waterfront appeal have made renovated homes in the core of the city consistently desirable.

Typical flip projects: Bungalows and older homes in neighborhoods such as Old Northeast, Kenwood and the Grand Central District are common targets, along with townhomes and small multifamily properties.

Exit buyers: Young professionals, remote workers, relocating buyers and downsizers who want a renovated, low-maintenance home near the water or downtown.

What to plan for: Flood zones and elevation matter a great deal here. In a flood zone, large renovations can trigger additional requirements, so confirm the rules before committing to a scope. Older homes can also hide roof and system issues.

Fix and flip loans in St. Petersburg: We help you size the loan around a realistic renovation budget and ARV, and we check flood status and insurance early in underwriting.

Naples, Florida

Why flippers invest: Naples is a higher-priced market with strong demand from seasonal residents and second-home buyers. Updated, move-in-ready homes can sell for a significant premium over dated ones.

Typical flip projects: Full interior renovations, new kitchens and baths, outdoor living areas and pool updates, with finishes aimed at a luxury or upscale buyer.

Exit buyers: Seasonal and second-home buyers, retirees relocating from other states, and local move-up buyers.

What to plan for: Larger budgets and buyer expectations raise the cost of mistakes. Some communities restrict construction during certain months or require association approval, and skilled contractors can be in short supply, so line up your team early.

Fix and flip loans in Naples: We structure larger loans around your scope and ARV, welcome LLC closings and foreign national borrowers, and fund renovations in draws.

Sarasota, Florida

Why flippers invest: Sarasota attracts retirees, remote workers and relocating families drawn by its beaches, culture and lifestyle, which supports steady demand for updated homes.

Typical flip projects: Ranch and mid-century homes updated with modern interiors, plus renovations of homes and condos near the water. Newer communities such as Lakewood Ranch see lighter cosmetic flips.

Exit buyers: Retirees and downsizers, relocation buyers, second-home owners and local families.

What to plan for: Flood zones and elevation, particularly on barrier islands and near the bay, can affect both insurance and renovation rules. Association restrictions and permit timelines vary by location.

Fix and flip loans in Sarasota: We review each property’s flood status and insurance availability up front and fund the purchase and rehab together.

West Palm Beach, Florida

Why flippers invest: Wealth migration and relocation demand have supported higher prices in Palm Beach County, and renovated homes in well-located neighborhoods can attract strong interest.

Typical flip projects: Updates to older homes in neighborhoods such as Northwood, El Cid and Flamingo Park, plus townhomes and condos. Some historic areas involve design review for exterior changes.

Exit buyers: Move-up buyers, relocating professionals, second-home buyers and investors.

What to plan for: With higher prices, margins can be thin if the purchase price is too high. Historic-district approvals, permitting and flood zones can add time and cost.

Fix and flip loans in West Palm Beach: We underwrite your budget and ARV carefully and offer fast closings so you can compete on well-priced opportunities.

Fort Myers, Florida

Why flippers invest: The area’s rebuilding after recent hurricane seasons has created opportunities to buy damaged or neglected homes at a discount and bring them back to market. Seasonal and retiree demand supports resale.

Typical flip projects: Storm-damaged or dated homes needing roofs, drywall, flooring and full interior updates, along with cosmetic flips in established neighborhoods and nearby communities such as Estero.

Exit buyers: Retirees, seasonal residents, relocating families and local move-up buyers.

What to plan for: In flood zones, rules about substantial damage and substantial improvement can affect how much work you can do without bringing a building up to current standards. Permit backlogs and contractor availability may stretch timelines.

Fix and flip loans in Fort Myers: We fund both purchase and renovation on distressed properties, with draws that follow completed work, and can close quickly on discounted deals.

Tallahassee, Florida

Why flippers invest: Stable demand from state government, two major universities and healthcare keeps the market less seasonal, and purchase prices are generally moderate compared with coastal Florida.

Typical flip projects: Cosmetic and mid-level renovations of older ranch homes, plus updates to properties near campuses and in established neighborhoods like Midtown and Killearn.

Exit buyers: State employees, university faculty and staff, healthcare workers, families and investors, with the academic calendar influencing timing.

What to plan for: Student-oriented areas can price differently from owner-occupant neighborhoods, so choose comps carefully. Inland does not mean storm-free, so confirm insurance and roof condition.

Fix and flip loans in Tallahassee: First-time flippers are welcome with a solid deal, and we finance purchase and rehab with a clear draw schedule.

Cape Coral, Florida

Why flippers invest: Cape Coral’s extensive canal system and large housing stock give flippers plenty of inventory, and waterfront and pool homes appeal to seasonal and retiree buyers.

Typical flip projects: Updating older canal and pool homes with new interiors, roofs, lanais and docks, as well as rebuilding or repairing homes affected by storms.

Exit buyers: Retirees, seasonal residents, boaters and relocating families.

What to plan for: Elevation, flood zones and seawall condition are critical on canal properties. Renovation limits tied to flood rules, permit timelines and insurance costs can all affect the margin.

Fix and flip loans in Cape Coral: We review flood and insurance factors early, fund the purchase and rehab, and help you plan a draw schedule that matches your contractor’s milestones.

Gainesville, Florida

Why flippers invest: The University of Florida and a large healthcare sector provide steady, year-round housing demand, and moderate prices give first-time flippers an approachable entry point.

Typical flip projects: Cosmetic and mid-level renovations of older ranch homes, plus updates to properties near campus and in established neighborhoods such as Duckpond and Northwest Gainesville.

Exit buyers: Faculty and staff, healthcare workers, families, and investors buying rentals near the university.

What to plan for: Properties near campus may be priced for investors rather than owner-occupants, so pick comps that match your target buyer. Watch the academic calendar when timing your listing.

Fix and flip loans in Gainesville: We finance up to 90% of purchase and 100% of rehab, and welcome first-time flippers with a well-prepared scope and budget.

Pensacola, Florida

Why flippers invest: Pensacola’s lower prices relative to much of Florida, combined with steady demand from military and healthcare employment, can create healthier margins for flippers.

Typical flip projects: Updating older homes in areas such as East Hill and Cordova Park, cosmetic flips of ranch homes, and storm-repair renovations with new roofs and systems.

Exit buyers: Military families on relocation, local first-time buyers, retirees and investors.

What to plan for: Wind and flood exposure influence insurance and building requirements, so confirm roof age, elevation and code requirements before finalizing your budget.

Fix and flip loans in Pensacola: We review insurance and flood status early and fund purchase and renovation together, with draws released as inspected work is completed.

Ocala, Florida

Why flippers invest: Ocala is known for relatively affordable homes and steady in-migration from higher-cost areas, which can support favorable purchase-to-resale spreads.

Typical flip projects: Cosmetic and mid-level updates to older ranch homes, newer subdivision homes needing refreshes, and properties with land or acreage.

Exit buyers: Relocating buyers, retirees, first-time buyers and horse and land enthusiasts.

What to plan for: Rural properties may have wells and septic systems that need inspection, and acreage comps can be harder to find. Confirm insurance and roof condition for each property.

Fix and flip loans in Ocala: We structure loans around your budget and ARV, with as little as 10% down on purchase and a clear draw process for renovation funds.

Clearwater, Florida

Why flippers invest: Proximity to Gulf beaches and a central Pinellas County location make Clearwater desirable for owner-occupants and second-home buyers alike.

Typical flip projects: Updating mid-century homes and condos with new kitchens, baths, flooring and outdoor spaces, plus roof and system replacements on older properties.

Exit buyers: Move-up buyers, retirees, second-home buyers and relocating families.

What to plan for: Flood zones, elevation and older plumbing and electrical systems can affect both cost and permitting. For condos, review association rules and reserves.

Fix and flip loans in Clearwater: We review flood status, insurance and association documents early so your budget and timeline hold up through underwriting.

Lakeland, Florida

Why flippers invest: Lakeland sits between Tampa and Orlando with moderate prices, and the strong logistics and healthcare workforce keeps demand for housing steady.

Typical flip projects: Renovating older homes in neighborhoods like Dixieland and around Lake Morton, as well as cosmetic updates to homes in newer subdivisions along the I-4 corridor.

Exit buyers: Local families, logistics and healthcare workers, commuters priced out of Tampa and Orlando, and investors.

What to plan for: Historic neighborhoods can have design considerations for exterior changes. Check comps carefully, since values differ between older central areas and newer suburbs.

Fix and flip loans in Lakeland: We fund each Lakeland flip on its own numbers and can close in as little as 7 days so you can move on good deals.

Daytona Beach, Florida

Why flippers invest: Daytona Beach offers comparatively affordable coastal living, and a mix of tourism, university and retiree demand supports different buyer types.

Typical flip projects: Updating older single-family homes, beachside condos and small multifamily properties with new interiors, roofs and exterior improvements.

Exit buyers: Retirees, relocating families, university-related buyers, second-home buyers and investors.

What to plan for: Coastal wind and flood exposure influence insurance and building requirements. Beachside condos have their own association rules, assessments and restrictions to review before purchase.

Fix and flip loans in Daytona Beach: We review insurance, flood status and association documents early and fund the purchase and renovation together.

Port St. Lucie, Florida

Why flippers invest: Rapid growth on the Treasure Coast and a large supply of single-family homes give flippers steady inventory and a strong pool of buyers seeking relative affordability.

Typical flip projects: Cosmetic refreshes of homes built over recent decades, with updated kitchens, baths, flooring, paint and landscaping to compete with new construction.

Exit buyers: First-time buyers, relocating families from higher-cost areas and retirees.

What to plan for: New-construction builders compete directly with resale homes, so pricing and finish quality matter. Some older areas use septic systems, and HOA rules can affect exterior work.

Fix and flip loans in Port St. Lucie: We finance up to 90% of purchase and 100% of rehab, with a quick close and clear draws for cosmetic and mid-level projects.

Hollywood, Florida

Why flippers invest: Hollywood offers beach access and a central Broward County location, and renovated homes in sought-after neighborhoods can draw strong interest from local and relocating buyers.

Typical flip projects: Updating mid-century homes in areas like Hollywood Lakes, plus townhomes, condos and small multifamily properties near the beach and downtown.

Exit buyers: Move-up buyers, relocating professionals, second-home buyers and investors.

What to plan for: Flood zones, insurance costs and permitting affect budgets. For condos, review association reserves and any special assessments, and consider how SB 4-D requirements may affect buyers and financing.

Fix and flip loans in Hollywood: We review your scope, ARV and any association factors up front, and fund the project with purchase and rehab draws.

We are serving all over Florida. If your city is not listed here, please call to discuss or submit the application so that we can check.

Have a flip somewhere in Florida?Get a free quote – no credit pull required.
Get My Terms →

City information is general and approximate, provided for illustration, and may change. Market conditions, prices and resale demand vary by neighborhood and over time. It is not property-specific advice or a commitment to lend.

Answers

Florida fix and flip loan FAQ

What is a fix and flip loan?

A fix and flip loan is short-term financing for buying a property that needs work, renovating it and selling it. It typically covers part of the purchase price and the renovation budget, and is repaid when the property is sold or refinanced.

How much can I borrow on a Florida fix and flip loan?

We finance up to 90% of the purchase price and up to 100% of rehab costs, with the total loan capped at up to 75% of the after-repair value (ARV). Your exact terms depend on the deal, your credit and your experience.

What is ARV and why does it matter?

ARV, or after-repair value, is what the property should be worth once renovations are complete, usually based on recent comparable sales. Lenders use it to cap the loan so that the amount borrowed stays well below the finished value.

What are the requirements for a fix and flip loan in Florida?

Typically a 660+ FICO, a down payment as low as 10% of the purchase price plus any rehab costs not financed, a clear scope of work and budget, an appraisal with as-is and after-repair values, an insurance quote and reserves. No W-2s or tax returns are required.

How do rehab draws work?

Renovation funds are held in a draw account and released as work is completed and inspected. This keeps your contractor paid on schedule while making sure funds go toward finished work.

How long does a Florida fix and flip loan take to close?

As fast as 7 days. Timing depends on appraisal turnaround, insurance availability, title work and how complete your documents are.

Can first-time flippers qualify?

Yes, first-time flippers are considered with a solid deal and a capable contractor. Experienced flippers typically receive the strongest leverage and pricing.

Can foreign nationals qualify, and can I close in an LLC?

Yes to both. Foreign nationals are welcome, and you can close in an LLC or other entity.

How do payments work during the project?

Payments are interest-only during the term, with the principal due when the property is sold or refinanced. Your term sheet will show the exact payment schedule.

Are condos and flood-zone properties eligible?

Both are considered. For condos we review association documents, reserves and any special assessments. For flood-zone properties, we confirm flood status and insurance, and we encourage you to check how local rules treat large renovations before you buy.

What if my flip takes longer than planned?

Talk to your loan officer early. Depending on the situation, options may include an extension, or keeping the property and refinancing into a long-term rental loan. Terms depend on the loan and the file.

Does getting a quote affect my credit?

No. We never pull your credit just to give you numbers.

Still have a Florida fix and flip question?Free quote · no credit pull · same-day terms.
Get Funded →

© 2026 CambridgeHomeLoan.com · NMLS #1826020 · 4830 W Kennedy Blvd, Tampa, FL 33609 · (800) 826-5077 · Equal Housing Lender. Fix and flip loans are short-term, business-purpose loans for non-owner-occupied investment properties and are not available for primary residences. Rates, points, loan-to-purchase, loan-to-ARV, rehab funding, terms and closing timelines are illustrative, subject to change without notice, and subject to borrower, property and deal qualification and underwriting approval. “Rates from 9.99%,” “up to 90% of purchase,” “up to 100% of rehab,” “up to 75% of ARV” and other figures reflect the strongest profiles and are not a quote or commitment to lend. Rehab funds are disbursed in draws after inspection. Calculator results and examples are illustrative and do not include holding costs or budget overruns. Comparison figures are generic market composites and are not the terms of any specific lender. City descriptions are general market observations for illustration only and are not property-specific advice. Renovation rules in flood zones vary by local jurisdiction; confirm requirements with your local building department. This page is informational and does not constitute financial, legal, tax, or insurance advice.