Investment properties only
Investor Property Financing
Financing Built for Fix-and-Flip and BRRRR Projects
Finance the purchase and renovation of an investment property without qualifying through traditional personal-income documentation. Options may be available for experienced investors and first-time flippers.
- No tax returns on qualifying programs
- First-time flippers considered
- Fast closings available for complete files
Eligible, complete files may close in as little as 3-5 business days. Subject to lender guidelines, property eligibility, borrower qualifications, and final approval.
Program highlights
Investor Financing Without a Traditional Consumer-Mortgage Box
These options are designed for non-owner-occupied business-purpose projects. Program terms vary by lender and final underwriting.
No tax returns on qualifying programs
No traditional income verification
No personal DTI ratio used to qualify
First-time flippers welcome
Higher leverage may be available with experience
Purchase and renovation financing
Interest-only options may be available
No prepayment penalty on qualifying programs
Subject to lender guidelines, property eligibility, borrower qualifications, and final approval.
How the financing works
From Property Scenario to Renovation Draws
- Submit the propertyProvide the property address, purchase price, estimated renovation budget, and projected after-repair value.
- Review the projectTrueRate reviews experience, credit profile, liquidity, project scope, and property economics.
- Compare financing optionsRich explains available leverage, rate, fees, required contribution, and draw-process expectations.
- Close and begin renovationsAfter approval, valuation, title, insurance, and required documentation are complete, renovation funds are released according to the approved draw process.
Fix and Flip
Buy, Improve, Sell
Purchase an investment property, complete renovations, and sell the improved property. Short-term financing may cover eligible acquisition and rehabilitation costs.
- Purchase plus rehab
- Refinance plus rehab
- Short-term financing
- Interest-only payment options
- Exit through sale or refinance
BRRRR
Buy. Rehab. Rent. Refinance. Repeat.
Use short-term renovation financing to acquire and improve the property, stabilize it with a tenant, and then evaluate longer-term rental financing.
- Improve the property before long-term hold
- Plan around rent and exit strategy
- Compare future DSCR or rental options
- Separate refinance approval is required
- Later refinance is not guaranteed
Typical program parameters
Ranges to Discuss, Not Promises to Rely On
Actual pricing, leverage, and documentation depend on the borrower, property, lender, and final underwriting.
| Item | Typical program range |
|---|---|
| Loan purpose | Purchase plus rehab or refinance plus rehab |
| Loan size | Approximately $125,000-$4,000,000 |
| Credit | Generally 660+, with possible exceptions |
| Loan term | Typically 12-24 months |
| Payments | Monthly interest-only options may be available |
| Leverage | Based on cost, value, ARV, experience, and project risk |
| Property use | Non-owner-occupied investment property |
| Prepayment penalty | None on qualifying programs |
Program terms vary by credit, experience, liquidity, project size, property condition, location, requested leverage, and exit strategy.
Eligible properties
Built for Non-Owner-Occupied Investment Projects
Single-family residences
Condominiums
Townhomes
Duplexes
Triplexes
Four-unit properties
Property use: Properties must be non-owner-occupied and used for business or investment purposes.
What should I have ready?
A Cleaner Scenario Gets Reviewed Faster
- Executed purchase contract, when applicable
- Property address and purchase price
- Detailed renovation budget and project timeline
- Estimated after-repair value
- Two most recent bank statements
- Property insurance information
- Government-issued identification
- LLC or entity documents, when applicable
- Summary of previous real-estate investment experience
First-time flippers
Your First Project May Still Qualify
Prior flipping experience can improve available leverage, but lack of experience does not automatically prevent approval. First-time investors may still be considered based on credit, liquidity, the project, requested leverage, contractor plan, and overall strength of the transaction.
Rich can help you talk through the project economics and whether a brokered investor-financing option is worth exploring before you go deeper.
Why work with TrueRate?
Broker Guidance for Investor Scenarios
Multiple financing sources
Access investor-focused options rather than relying on a single bank or program.
Scenario review
Evaluate acquisition cost, renovation budget, projected value, and exit strategy before selecting a loan.
Direct communication
Work directly with Rich from initial scenario through closing.
Financing beyond the flip
Discuss potential DSCR or other long-term rental options when the strategy is to retain the property.
Project review
Send the Project Basics
Share enough detail for Rich to review the property, project, and next step. Do not upload sensitive documents through this form.
Rich reviews the scenario and contacts you using your preferred method to discuss available financing options.
This is a project review request, not a loan approval, commitment to lend, or guarantee of terms.
Request a Project Review
Questions
Fix-and-Flip and BRRRR Financing FAQs
Do I need tax returns to qualify?
Many investor renovation programs qualify primarily using the property, project, credit, liquidity, and experience rather than traditional income documentation. Final requirements vary.
Can a first-time flipper qualify?
Yes, first-time investors may be considered, although experience can affect leverage and terms.
Can the loan finance renovation costs?
Eligible renovation costs may be included and are generally released through an approved draw process.
How quickly can the loan close?
Complete and eligible files may close quickly, sometimes within 3-5 business days, but timing depends on valuation, title, insurance, documentation, and underwriting.
What is ARV?
After-repair value is the estimated property value after the approved renovations are completed.
Can I use this for a rental property?
Yes. The financing may be used for a BRRRR or buy-and-hold strategy, followed by a separately approved long-term refinance.
Are these loans for primary residences?
No. The programs described on this page are for non-owner-occupied business-purpose investment properties.
Will I have a prepayment penalty?
Some qualifying renovation programs do not have a prepayment penalty. Confirm the final loan terms before closing.
Disclosure: This is not a commitment to lend. All loans are subject to underwriting, appraisal or property valuation, title review, insurance requirements, borrower and property eligibility, lender guidelines, and final approval. Rates, fees, loan amounts, leverage, and terms are subject to change without notice. Programs described are intended for business-purpose, non-owner-occupied investment properties. TrueRate Home Loans is a mortgage brokerage and may arrange financing through third-party lenders.
Next step
Have a Property or Project in Mind?
Send the basic numbers and receive a direct review of the project, potential financing structure, and next steps.