Fix and Flip Lending Powered By Alpha Funding*

Short term capital for investors who purchase and then renovate residential real estate.

Do you not have a deal you want to fund yet? Click below to get pre-approved today!

Click Here To Get Pre Approved Today!

Do you have a project you need funding for now? Click below to submit your deal for review!

Click Here To Submit Your Deal for Review!

Main highlights as follows:

  • Minimum credit score 650 to 700
  • Loan sizes $100,000 to $1,500,000
  • Can fund rehab projects for business owners with no prior experience
  • No tax returns required
  • Borrower makes monthly interest payments until loan term expires
  • 12-month term with no pre-payment penalty
  • Rates start at 10.75% with 2-3 points on the total loan amount
  • No upfront fees and we only get paid when you close
  • $1,000 attorney fee, $995 commitment fee, and $40 wire fee at closing
  • Construction funds are released as work is completed
  • Can fund 100% of the construction costs regardless of level of experience.
  • Generally fund 80% to 90% of the purchase price with 100% of the construction costs up to a maximum of 70% After Repair Loan Value (ARLV) (see examples further below)
  • Interest charged only on funds made available to you.  You are not charged interest on capital that has not yet been released in a construction draw.
  • There is no cap on loan to construction costs (LTC) based on credit, experience, or the deal
  • All loan servicing, inspections, draw approvals, and underwriting done by experienced in-house team without any third parties.  Many decades of underwriting experience amongst top staff.
  • Promise the very best in communication, customer service, guidance, and support through being honest, transparent, and direct.
  • Can work cooperatively with borrowers if construction plan does not go as originally anticipated
  • Commitment to Innovation: Having a commitment to bring the best technology, systems and processes to private lending for a smooth, easy, and consistent process.
  • Closing speed: Can close in as little as 7 days!  Typical closing time is 10 - 28 days from when we receive the required application and documents depending on the transaction circumstances.
  • Competitive rates: The best combination of rate and leverage for your project.
  • Values building long term relationships with clients over maxing out the profit on an individual loan.
  • Repeat borrowers receive preferred pricing
  • Proven track record: Have loaned $1 billion since 2007 with over a 70% rate of repeat business

Click Here for Frequently Asked Questions

* Note: Double Close Cash LLC is not affiliated with Alpha Funding.  We do receive commissions for referrals at no extra expense to the borrower.

The loan amount on a project depends on the circumstances of the lender and the project and is highly dependent on the level of experience of the borrowers.  Here are some hypothetical examples:

A well seasoned fix and flip investor with 6 or more successfully completed deals might be able to borrow 90% of the property purchase price and 100% of the rehabilitation budget, as long as the ARLTV does not exceed 70%.

An experienced fix and flip investor with 3-5 successfully completed deals might be able to borrow 80% of the property purchase price and 100% of the rehabilitation budget, as long as the ARLTV does not exceed 70%.

A fix and flip investor with 1-2 successfully completed deals might be able to borrow 75% of the property purchase price and 100% of the rehabilitation budget, as long as the ARLTV does not exceed 65%.

A real estate investor with no fix and flip experience might be able to borrow 70% of the property purchase price and 100% of the rehabilitation budget, as long as the ARLTV does not exceed 65%.

Why not get pre-approved right now?

Even if you do not have a fix and flip deal that needs funding right now, you can go ahead and get pre-approved now so that you can shop with confidence for your next real estate deal knowing you have a team ready to back you.  And, can you can receive a personalized proof of funds within 24 hours of submitting your request to borrower portal!

It only takes 10-20 minutes to apply, and you only have to be approved once!  There is only a soft pull on credit for the pre-approval, with no hard credit check made until you have a specific deal that needs to be funded.  

Even if you have other lenders you are satisfied with now, it makes sense to have other lenders in case there is a situation where they are not able to help you in the future and you need a backup or a company that can simply provide you more options!

Click the button below to submit your pre-approval application today!

Click Here To Get Pre Approved Today!

Have a Specific Project You Need Funding For Now?

Click the button below to submit your deal for review.  Someone from our underwriting team will get back to you within 24-48 hours to discuss the deal.

Click Here To Submit Your Deal for Review!

Have Question? Call Now To Get a Free Consultation with Us Today!

Call now: 1-855-466-7773

Or fill out your name, email, and phone number below to contact us to see how we can help you finance your next real estate transaction

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