Fix and Flip Loans Texas
Flip financing for the country’s growth engine: up to 95% of purchase and 100% of rehab (or 90% purchase and 100% construction), to 75% of ARV, with fast draws across Houston, San Antonio, Dallas and Fort Worth.
- Fix and flip loans in Texas are sized to the deal – purchase price, rehab budget and ARV
- 95% of purchase + 100% of rehab in draws, or 90% of purchase + 100% of construction on fix & flip, fix-to-rent or value-add projects
- Underwritten to 75% of the as-repaired value – room for a real margin
- 12-24 or 12-36 month interest-only; no prepay; refi to 90% LTV, cash-out to 75%
- 620+ credit, no income or W-2 docs on investment properties; first-time & foreign-national welcome
Free Texas Flip Quote
How a Texas fix & flip loan works
A fix and flip loan is short-term project financing for a buy-renovate-sell deal. Rather than your income, we underwrite the business plan – what you pay, what the rehab costs, and the after-repair value (ARV). Texas has swung to a buyer’s market – inventory nearly doubled from the 2021-2022 frenzy – with a ~$342,000 median and widespread price cuts, which means real negotiating room. Dallas (~$315,000, down ~4.6%), Houston (~$340,000) and value-play San Antonio give flippers deep, diverse markets, and San Antonio and Houston still led the country in numeric population growth.
The model keeps your own capital small and your Texas flip velocity high, so you can run several projects a season and exit cleanly with a sale or a refinance into a rental.
The four numbers every Texas flip lives or dies on
After-repair value – your finished, sold price. Every loan dollar is sized against it.
The ceiling: total loan generally stays within 75% of ARV, leaving room for profit.
Your renovation budget – funded 100% and reimbursed in draws as work is completed.
Holding costs – interest, insurance, taxes, utilities – every month until you sell.
| Purchase financing | Up to 95% of purchase (LTC), or 90% of purchase plus 100% of construction on fix & flip, fix-to-rent or value-add projects |
|---|---|
| Rehab financing | 100% of the renovation budget, released in draws |
| Total loan vs. ARV | Generally held within 75% of the after-repair value |
| Refinance / cash-out | Refinance up to 90% LTV; cash-out up to 75% |
| Rate & payments | From 9.99%, interest-only during the flip |
| Term | 12-24 or 12-36 months; extensions available; no prepayment penalty |
| Credit / docs | 620+; no income or W-2 documentation on investment properties |
| Exit | Sell the finished home, or refinance into a 30-year DSCR rental |
The Texas flip playbook
Find the deal
Target under-market Texas homes where comps support your ARV and end-user demand is real.
Fund it fast
Close in as fast as 5 days with 95% of purchase and 100% of rehab committed – or 90% of purchase and 100% of construction on fix and flip, fix-to-rent or value-add projects.
Renovate on draws
Draw your rehab budget in stages as work passes inspection, so you front far less and keep the crew moving.
Sell or refinance
List and sell into Texas demand, or refinance into a 30-year DSCR loan and keep it as a rental.
A Texas flip, by the numbers
A representative Texas project funded with 95% of purchase and 100% of rehab, underwritten within 75% of ARV:
| Purchase price | $240,000 |
|---|---|
| Loan at 95% of purchase | $288,000 · your money in: $12,000 |
| Rehab budget (100% funded, by draw) | $60,000 |
| After-repair value (ARV) | $380,000 · total loan is 76% of ARV |
| Interest (10.5% IO, ~6-month flip) | − $15,120 |
| Points & closing (est.) | − $9,760 |
| Sale costs (~6.5% of ARV) | − $24,700 |
| Estimated net profit | ≈ $34,420 |
| Cash in the deal | ≈ $21,760 |
Illustrative for 2026, not a guarantee or an offer. Figures vary by property, market and experience. High leverage magnifies gains and losses. Business-purpose only. Consult your CPA. Equal Housing Lender.
Texas flip profit calculator
Assumes 95% of purchase + 100% rehab, 2 points, ~$4,000 closing/reserves and 6.5% sale costs. Estimate only.
Where to flip in Texas in 2026
| Market | Why flippers target it |
|---|---|
| Houston | Huge, diverse economy and deep flip inventory. |
| San Antonio | Best value play – low entry, strong rental demand. |
| Dallas – Fort Worth | Top flip volume with widespread price cuts to negotiate. |
| Austin | Booming population and gentrifying neighborhoods. |
| El Paso | Affordable border metro with steady demand. |
Cities with the highest investment return in Texas (2026-2027)
| City | Why it ranks for 2026-2027 returns |
|---|---|
| Houston | Scale, affordability and diverse buyer demand. |
| San Antonio | Low entry with stable appreciation and rents. |
| Fort Worth | Growth and value versus Dallas proper. |
| El Paso | Deep affordability for cash-flow returns. |
| Killeen | Fort Cavazos military demand at low bases. |
Big projects reshaping Texas for 2027-2028
Texas’s 2027-2028 pipeline is enormous: Samsung’s ~$17 billion Taylor semiconductor fab (with its U.S. HQ moving to Plano) and a $16.5B Tesla chip contract, Tesla’s Austin operations, Oracle, and Texas Instruments’ Sherman fabs – a magnet for jobs and housing demand.
Buying near these job engines now positions your exit into the demand they create – Fund a Texas flip near the growth →
Texas fix & flip loan programs
Standard Fix & Flip
95% of purchase + 100% rehab; 12-24 or 12-36 month interest-only.
Heavy / Full Gut Rehab
Larger renovation budgets funded in structured draws for down-to-studs projects.
Ground-Up Build
90% of purchase plus 100% of construction for Texas infill and spec builds.
BRRRR / Rental Exit
Flip, then refinance into a 30-year DSCR loan and keep the cash-flowing rental.
Cash-Out / Refi
Refinance up to 90% LTV or cash out up to 75% to fund the next deal.
Multiple-Project Lines
Scale several Texas flips at once with repeatable, deal-by-deal funding.
Texas flip markets we fund
We fund flips in every Texas market. Don’t see your city? Send us the deal and we’ll price it.
Texas fix & flip loan FAQ
How much of my Texas flip do you finance?
Up to 95% of the purchase price plus 100% of the renovation – or 90% of the purchase and 100% of the construction on fix and flip, fix-to-rent or value-add projects – with the total loan generally within 75% of the after-repair value.
How is the rehab money released?
In draws. You fund the work, then we reimburse each stage as it is completed and inspected, keeping your out-of-pocket low.
What are the terms?
12-24 or 12-36 month interest-only, with extensions available and no prepayment penalty. Refinances go up to 90% LTV and cash-out to 75%.
How do you decide the ARV?
From comparable sales of similar recently renovated homes near your project, supported by an appraisal.
What credit and documents do I need?
620+ credit and no income or W-2 documentation on investment properties – we underwrite the deal, so first-time and foreign-national flippers are welcome.
How fast can a Texas flip loan close?
As fast as 5 days on a clean file, because we qualify the project rather than your income.
What if I want to keep it as a rental?
Refinance the finished home into a 30-year DSCR loan with us – the BRRRR exit is built in from day one.
Fund your next Texas flip
Send us the purchase price, rehab budget and ARV and get real terms fast – no income docs, no hard credit pull to quote. Business-purpose investor financing from $75,000 to $20 million+, first-time and foreign-national flippers welcome.
Get a Free Texas Flip Quote
Texas flip outlook: 2027, 2028 and beyond
Texas’s buyer’s market hands flippers negotiating power into 2027-2028, while Samsung, Tesla and relentless migration keep the sell side strong. Buy the price cuts in Houston, San Antonio and DFW and exit into durable demand.
Market and profit figures are third-party estimates for 2026-2028, vary by source and submarket, and are not guarantees.
Texas fix & flip rates, advances, ARVs and terms shown are illustrative for 2026, subject to change, and depend on the property, credit, experience and program. Business-purpose, non-owner-occupied investment properties only. Not a commitment to lend. Equal Housing Lender.
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