When you find a promising fix-and-flip in Dallas-Fort Worth, the clock starts ticking. You need to move fast, and one of the first questions you probably have is a simple one: can a single loan cover both the purchase and the renovation, or do you have to piece funding together from a few different places? We hear this all the time from investors across Texas, and the answer is yes. At HiFi Hard Money, our fix and flip loans are built to fund both your purchase and your rehab, often with very little money down, so you can focus on the deal instead of chasing capital.
Yes, One Hard Money Loan Can Fund Both the Purchase and the Rehab
That is the whole idea behind how we structure a fix-and-flip loan. Instead of forcing you to find one source for the property and another for the renovation, we roll both into a single loan built around the future value of the project. This keeps your cash free, your timeline tight, and your attention on the work that actually grows your return.
What Makes This Loan Cover Both
The key is that we lend based on what the property will be worth once the work is done, not just what it costs today. We look at the After Repaired Value, or ARV, and structure your loan up to 75% of that number. Because we are looking ahead to the finished product, there is room to cover the purchase price and the rehab budget inside one package. That is what lets so many of our investors step into a deal with little money down.
Who Qualifies and What We Look At
We are an asset-based lender, so the property and the strength of the deal matter most to us. We focus on single-family homes in and around Dallas-Fort Worth and other major markets across Texas. When you bring us a project, we want to understand the purchase, the scope of work, and the realistic value once everything is finished. New investors are welcome here. Whether this is your first flip or your tenth, we are happy to sit down with the numbers and give you a straight answer about whether the deal makes sense.
From Application to Funding
Applying is quick, and you can do the whole thing online. Once we have your deal in hand, we move fast. For a new investor, we typically close in about one week, and returning investors who already know how we work can close in as little as three business days. During the project, our drawing process stays simple. We work from your scope of work, and for most drawings, photos, and videos are all we need. We usually do just one physical inspection near the halfway point, so your renovation funds keep flowing without unnecessary holdups.
What You Get When You Work With Us
Speed is only part of the story. We built HiFi around being transparent and keeping things honest, so you always know exactly where you stand. We do not charge administrative or underwriting fees, and we stay upfront about every step of the process. Many of our clients have direct access to us for quick answers, even outside normal hours, because timing in real estate rarely waits for a convenient moment. When you are juggling a purchase, a rehab, and a sale all at once, that kind of clear communication can be the difference between a smooth project and a stressful one.
Planning Your Project Before You Apply
A loan that covers both purchase and rehab gives you real flexibility, but a strong plan still wins the day. Before you apply, put together a clear scope of work and a realistic estimate of your ARV. Think through your timeline as well, since flips do not generate income while you hold them, and a tighter schedule protects your profit. The better you understand your numbers going in, the smoother the project runs, and the faster we can get you funded.
Ready to Fund Your Next Flip?
If you have a deal in Dallas-Fort Worth and you want one loan that handles both the buy and the build, we would love to take a look. Bring us your project, and we will give you honest feedback and a clear path to closing.
Apply now at hifihardmoney.com, or contact us at (972) 630-6676 to get started.
FAQs
Can one hard money loan really cover both the purchase and the renovation?
Yes. Our fix and flip loans are structured to fund both the property purchase and the rehab budget in a single loan, often with very little money down.
Do I need a large down payment?
Because we lend based on the After Repaired Value rather than only the purchase price, many investors get into a deal with little money down. We will review your specific project and walk you through the numbers.
How fast can I close?
New investors typically close in about one week, and returning investors can close in as little as three business days.
What types of properties do you lend on?
We focus on single-family homes in and around Dallas-Fort Worth and other major markets across Texas.
