Fix and Flip Loans

We Provide Fix and Flip Loans Across the California Region

Fix and Flip Loans

We Provide Fix and Flip Loans Across the California Region

Lending Guidelines

Interest Rates
Starting @ 7.99% (interest only)
Closing Time
5 to 7 Days
Location
Anywhere in California
Loan To Value Ratio
Up to 75% LTV
Loan Types
Purchase, Refinance, Cash-Out, Fix and Flip, Probate, 1031 Exchange
Amounts
$200K – $5M
Origination Fee
2 to 3 points, dependant on size and term
Lien Positions
First Trust & Second Trust Deeds
Underwriting Fee
$1500
Loan Term
6 to 60 months (extensions available)

Property Types

  • Single-family & Multi-family Investment Properties
  • Condominiums
  • Retail Centers
  • Office Buildings
  • Industrial & Warehouse
  • Hotels & Motels
  • Healthcare & Assisted Living Facilities
  • Special Purpose & Mixed Use
  • Parking Garages & Lots

Recently Funded Fix and Flip Loans

North Hollywood, CA
Amount: $1,625,000
Type: Cash-Out
Loan To Value: 55%
Rate: 9.50%
Property Type: Multi-Family
Term: 24 Months
La Puente, CA
Amount: $335,000
Type: Purchase
Loan To Value: 68%
Rate: 9.00%
Property Type: Residential
Term: 12 Months
Seaside, CA
Amount: $220,000
Type: Rehab
Loan To Value: 63%
Rate: 8.75%
Property Type: Residential
Term: 18 Months
Los Angeles, CA
Amount: $1,725,000
Type: Refinance
Loan To Value: 65%
Rate: 9.25%
Property Type: Commercial
Berkeley, CA
Amount: $1,400,000
Type: Purchase Financing
Loan To Value: 66%
Rate: 9.00%
Property Type: Residential
Term: 12 Months
Huntington Beach, CA
Amount: $350,000
Type: Purchase Financing
Loan To Value: 8.75%
Rate: 50%
Property Type: Residential
Term: 12 Months
Ontario, CA
Amount: $460,000
Type: Purchase Financing
Loan To Value: 50%
Rate: 9.00%
Property Type: Residential
Term: 12 Months
Tustin, CA
Amount: $260,000
Type: Purchase Financing
Loan To Value: 66.7%
Rate: 9.00%
Property Type: Residential
Term: 12 Months
Los Angeles, CA
Amount: $1,035,000
Type: Purchase Financing
Loan To Value: 85%
Rate: 10.00%
Property Type: Commercial
Term: 12 Months
Oxnard, CA
Amount: $1,820,000
Type: Purchase Financing
Loan To Value: 70%
Rate: 9.0%
Property Type: Commercial
Term: 12 Months
Whittier, CA
Amount: $295,000
Type: Purchase Financing
Loan To Value: 66%
Rate: 12.75%
Property Type: Commercial
Term: 12 Months
Long Beach, CA
Amount: $94,000
Type: Purchase Financing
Loan To Value: 115%
Rate: 20.0%
Property Type: Residential
Term: 6 Months
Los Angeles, CA
Amount: $1,500,000
Type: Refinance
Loan To Value: 60%
Rate: 11.99%
Property Type: Commercial
Term: 12 Months + 12 Months Option
Downey, CA
Amount: $400,000
Type: Cash-Out
Loan To Value: 50%
Rate: 12.50%
Property Type: Residential
Term: 12 Months
Seal Beach, CA
Amount: $600,000
Type: Cash-Out
Loan To Value: 60%
Rate: 8.50%
Property Type: Residential
Term: 36 Months
Beverly Hills, CA
Amount: $2,000,000
Type: Cash-Out
Loan To Value: 83%
Rate: 11.75%
Property Type: Residential
Term: 18 Months
San Gabriel, CA
Amount: $1,540,000
Type: Purchase
Loan To Value: 62%
Rate: 9.00%
Property Type: Industrial
Term: 24 Months
Carmel-by-the-Sea, CA
Amount: $3,000,000
Type: Refinance
Loan To Value: 33%
Rate: 10%
Property Type: Residential
Term: 12 Months
Los Angeles, CA
Amount: $340,000
Type: Refinance
Loan To Value: 50%
Rate: 9.0%
Property Type: Residential
Term: 18 Months
Los Angeles, CA
Amount: $535,000
Type: Purchase
Loan To Value: 65%
Rate: 9.15%
Property Type: Residential
Term: 12 Months
Los Angeles, CA
Amount: $1,025,000
Type: Purchase Financing
Loan To Value: 65%
Rate: 9%
Property Type: Industrial
Term: 36 Months
Santa Maria, CA
Amount: $220,000
Type: Cash-Out
Loan To Value: 55%
Rate: 9.75%
Property Type: Residential
Term: 18 Months
Covina, CA
Amount: $345,000
Type: Fix-and-Flip
Loan To Value: 65%
Rate: 9.25%
Property Type: Residential
Term: 12 Months
Riverside, CA
Amount: $75,000
Type: Cash-Out
Loan To Value: 50%
Rate: 10%
Property Type: Residential
Term: 12 Months
Pomona, CA
Amount: $664,000
Type: Purchase
Loan To Value: 70%
Rate: 9.7%
Property Type: Commercial
Term: 12 Months
Huntington Beach, CA
Amount: $2,275,000
Type: Purchase
Loan To Value: 65%
Rate: 9.00%
Property Type: Residential
Term: 12 Months
Arcadia, CA
Amount: $1,100,000
Type: Refinance
Loan To Value: 73%
Rate: 9.00%
Property Type: Residential
Term: 12 Months
Los Feliz, CA
Amount: $2,100,000
Type: Refinance
Loan To Value: 65%
Rate: 9.00%
Property Type: Residential
Term: 12 Months
Studio City, CA
Amount: $2,080,000
Type: Purchase Financing
Loan To Value: 61.2%
Rate: 8.50%
Property Type: Residential
Term: 60 Months
Baldwin Park, CA
Amount: $240,000
Type: Purchase
Loan To Value: 55%
Rate: 8.75%
Property Type: Residential
Term: 12 Months
El Segundo, CA
Amount: $1,200,000
Type: Refinance
Loan To Value: 65%
Rate: 9.00%
Property Type: Residential
Term: 12 Months
Culver City, CA
Amount: $650,000
Type: Purchase
Loan To Value: 52%
Rate: 7.99%
Property Type: Commercial
Term: 18 Months
Fullerton, CA
Amount: $800,000
Type: Purchase
Loan To Value: 65%
Rate: 9.00%
Property Type: Industrial
Term: 18 Months
Del Rey Oaks, CA
Amount: $1,150,000
Type: Refinance
Loan To Value: 65%
Rate: 9.65%
Property Type: Commercial
Term: 24 Months
Pasadena, CA
Amount: $950,000
Type: Purchase
Loan To Value: 50%
Rate: 8.25%
Property Type: Residential
Term: 12 Months
Boyle Heights, CA
Amount: $100,000
Type: Fix-and-Flip
Loan To Value: 65%
Rate: 12.99%
Property Type: Multi-Family
Term: 12 Months
Cerritos, CA
Amount: $500,000
Type: Cash-Out
Loan To Value: 65%
Rate: 12.5%
Property Type: Industrial
Term: 12 Months
Costa Mesa, CA
Amount: $650,000
Type: Purchase
Loan To Value: 50%
Rate: 9.00%
Property Type: Industrial
Term: 18 Months
Los Angeles, CA
Amount: $500,000
Type: Construction Financing
Loan To Value: 75%
Rate: 8.75%
Property Type: Residential
Term: 12 Months
Indio, CA
Amount: $100,000
Type: Cash-Out
Loan To Value: 50%
Rate: 11.0%
Property Type: Multi-Family
Term: 12 Months
Montebello, CA
Amount: $2,500,000
Type: Purchase Financing
Loan To Value: 66%
Rate: 8.75%
Property Type: Multi-Family
Term: 12 Months
Dana Point, CA
Amount: $160,000
Type: Purchase
Loan To Value: 35%
Rate: 9.00%
Property Type: Residential
Term: 12 Months
North Hollywood, CA
Amount: $1,625,000
Type: Cash-Out
Loan To Value: 55%
Rate: 9.50%
Property Type: Multi-Family
Term: 24 Months
La Puente, CA
Amount: $335,000
Type: Purchase
Loan To Value: 68%
Rate: 9.00%
Property Type: Residential
Term: 12 Months
Seaside, CA
Amount: $220,000
Type: Rehab
Loan To Value: 63%
Rate: 8.75%
Property Type: Residential
Term: 18 Months
Los Angeles, CA
Amount: $1,725,000
Type: Refinance
Loan To Value: 65%
Rate: 9.25%
Property Type: Commercial
Berkeley, CA
Amount: $1,400,000
Type: Purchase Financing
Loan To Value: 66%
Rate: 9.00%
Property Type: Residential
Term: 12 Months
Huntington Beach, CA
Amount: $350,000
Type: Purchase Financing
Loan To Value: 8.75%
Rate: 50%
Property Type: Residential
Term: 12 Months

Reputable Fix and Flip Lenders

Crescent Lenders has been providing fix and flip loans for commercial and residential real estate investors for over 10 years.

As direct private money lenders, we have cash ready to deploy so borrowers can capitalize on hot deals.

Funding can be completed in 5 to 7 days time.

Crescent Lenders stands out from the competition with our attentive customer service team, competitive rates and low fees.

Come see why the vast majority of our borrowers are repeat customers.

Get Pre-Approved Now

Don’t hesitate to jump on a phone call with us to see if we can fund your real estate project.

As part of our superior customer service we try to answer every call and respond to every email, showing respect to every potential customer.

Oftentimes, borrowers are pre-approved after a 5 to 10 minute call.

Once terms are finalized, you can expect to have the cash immediately.

The entire process can be completed in less than a week.

What is a Fix and Flip Loan?

Fix and flip loans, also known as rehab loans or house flipping loans, are short-term loans used for the process of buying, renovating and selling a property it for profit.

  • Buying: Borrowers can usually find deeply discounted properties from foreclosure auctions, REO (aka bank-owned homes at auction) or government-owned properties.
  • Renovating: Rehabbing a property can range from making some minor upgrades like painting the home and switching out kitchen cabinets to a complete home remodel which may include new floor tiles, adding bathrooms or additional bedrooms.
  • Selling: The average fix and flip in America takes investors 6 months to complete and comes with an average return of approximately 35%.

Distressed properties usually do not meet a big banks lending checklist, therefore real estate investors use hard money loans because of the relaxed lending criteria.

Check out what other fix and flippers said about us below.

Top-Rated Provider

I don’t usually invest in real estate but I came across a great deal in my neighborhood and could not wait on a bank to approve me because the deal would have been gone. I called a few hard money lenders and decided on Crescent Lenders. They were able to get me funding quickly at a good rate. This enabled me to make a great offer which was successful. Highly recommend!
- Jessy C.
My existing hard money loan was coming due on my retail center and I was shopping around for a refi with a better rate since I was not yet able to qualify for bank financing, Mario was able to give me the best rate of the lenders I reached out to...
- Steve S.
I’m a commercial real estate broker and do some fix and flipping on the side here in SoCal. I’ve used a few different HMLs in the past but have created a good relationship with these guys and have repeatedly used them and will continue to do so going forward.
- Justin R.
Was recommended these lenders from a friend of mine. They were able to come thru on 2 deals for me over the past year, but also rejected a few others I had that were not as attractive. Mario is a nice guy and will not waste your time if the deal doesn’t work for him.
- James M.
I found Crescent Lenders using a hard money lending directory website called Moolahlist that makes sure all the lenders on its platform are licensed and legitimate. There are so many scam lenders in the hard money lending industry, I was happy to find these guys and was even happier with the service they provided... quick and easy funding for my rehab project.
- Edward B.
I don’t usually invest in real estate but I came across a great deal in my neighborhood and could not wait on a bank to approve me because the deal would have been gone. I called a few hard money lenders and decided on Crescent Lenders. They were able to get me funding quickly at a good rate. This enabled me to make a great offer which was successful. Highly recommend!
- Jessy C.
My existing hard money loan was coming due on my retail center and I was shopping around for a refi with a better rate since I was not yet able to qualify for bank financing, Mario was able to give me the best rate of the lenders I reached out to...
- Steve S.
As of June 15th, 2021

Why Get a Fix and Flip Loan?

For the past decade, flipping homes has been a hot business.

For some, this business is a side hustle to provide supplemental income, for others it is a full time job.

Fix and flip real estate investors need quick access to cash to capitalize on hot deals in the marketplace.

Traditional bank loans are inefficient and inadequate for the speed your business requires and thrives on.

Fix and flip loans allow a borrower to leverage themselves to afford more expensive properties they otherwise would not have access to.

A bid on a property accompanied by a fix and flip loan is considered as good as an all cash offer by most sellers, making it a very strong offer that can edge out competitors who need a traditional bank loan that can take 30 days or more to fund.

Not only do traditional 20-30 year long-term bank loans take a long time to fund but they also come with large pre-payment penalties for paying back the loan too early.

Therefore, a real estate investor looking to perform a fix and flip should highly consider getting a hard money loan as it is usually the best available financing option.

What Fix and Flip Lenders Look for

To pass a hard money lenders application process, fix and flip investors need to show an ability to repay the hard money loan, have some skin in the game, have cash reserves to make monthly mortgage payments and provide a successful track record of completed fix and flips.

  • Repayment of Hard Money Loan: Preservation of capital is a bridge lender's primary concern. They want to be sure a borrower will be able to pay back the loan in full without any issues such as foreclosure or a borrower filing for bankruptcy. Foreclosing on a property is time consuming and costly for a lender, and it’s something they want to avoid.
  • Cash Reserves: Borrowers should have enough cash reserves for carrying costs such as insurance, utility bills, and for monthly debt service.
  • Skin in the Game: Most private money lenders will require borrowers to have a minimum of 25% down payment in the property. This protects the lender in the event of a down turn in property prices.
  • Experience: Most lenders will want to see a borrower has successfully completed 2 to 3 fix and flips over the past 24 months. Usually borrowers with experience are less likely to make mistakes; making them a safer bet to invest in. A borrower with numerous successful fix and flip transactions could be eligible for lower interest rates, depending on the lender.

As a premier fix and flip lender, we want to see you succeed and are laser focused on getting your funding approved, empowering you to prioritize what you do best; finding, fixing and flipping properties.

FAQs

We Can Deliver Rapid Financing

Between $200k and $5 million dollars

Nationwide private lender (not a broker, avoid the extra fees)

Funding loans such as purchase, refinance, rehab, probate, 1031 exchanges and cash-out

All types of investment properties considered, residential, commercial and industrial



Crescent Lenders

2999 Overland Ave, Suite 116
Los Angeles, California
Phone
213-474-3131

Recent Posts

The Top 5 California Cities for Fix and Flippers

  • California
  • Los Angeles
  • San Diego
  • San Francisco

Disclaimer: Crescent Lenders, DBA CrescentLenders.com ("CL") is a California licensed broker under California Bureau of Real Estate License No. #01792267. Regardless of this license, CL considers itself a “finder” for purposes of applicable laws and regulations (California Business & Professions Code § 10130, et. seq.).

Crescent Lenders, 2999 Overland Ave, Suite 116, Los Angeles, California, 90064