You found a promising property in Dallas. The numbers look solid, but you need capital fast. Traditional banks want weeks of paperwork, and meanwhile, another investor could snatch your deal. That’s where fix-and-flip loans come in.
At HiFi Hard Money, we’ve been funding flips across Dallas-Fort Worth since 2015, and we’ve seen thousands of projects from contract to closing. Fix and flip financing works differently from conventional lending, and understanding how it works can help you move faster and protect your margins on every deal.
What Makes Fix and Flip Loans Different From Bank Financing
Fix and flip loans are short-term, asset-based financing designed specifically for real estate investors. We focus on the property’s value, not just your credit history or tax returns.
Here’s what that means for you. When you apply for a fix-and-flip loan with us, we look at the After Repaired Value of the property. We lend up to 75% of that ARV, which can cover both your purchase price and your renovation budget. Instead of needing huge cash reserves upfront, you can get started with less money down.
We also defer fees and interim interest until you sell the property. That reduces your carrying costs and frees up capital you can use for materials, contractors, or your next flip. Our appraisal and doc prep costs are charged at exactly what we pay. No administrative fees. No underwriting fees. We’re transparent about every dollar.
Who Qualifies for Fix and Flip Financing
We work with new investors and experienced flippers across major markets in Texas, including Dallas-Fort Worth, San Antonio, Austin, and Houston. You don’t need perfect credit. You don’t need two years of tax returns.
What we do look at is the property itself. Single-family homes are our primary focus, and we evaluate the deal based on value, location, and your renovation plan. If you’re new to flipping, we’ll help you think through the project. If you’ve flipped before, you already know what matters.
The Process From Application to Funding
Applying with HiFi is straightforward. You can submit your application online right now. New investors typically close in about 5 business days. If you’ve worked with us before, we can fund your deal in as little as 3 business days.
Once you’re approved, you’ll move through a simple draw process. We typically do one physical inspection at around 40 to 50 percent completion. Otherwise, photos and videos work just fine. Draw requests usually turn around the same day or the next day, so you’re not waiting on capital while contractors stand idle.
You’ll have direct access to our team. Most of our clients have our cell numbers, and we respond quickly, even during off-hours. When timing matters, that kind of access makes a difference.
What You Get When You Work With Us
Speed is one part of the equation. Transparency is the other. We share insights from thousands of flips, whether that’s cautionary advice about a neighborhood or optimism about market trends. Our goal is your success, because when you profit, we’ve done our job.
We also build custom loan structures. Every project is different, and cookie-cutter terms don’t always fit. If your deal requires creative structuring, we’ll work with you to make it happen.
Planning Your Project in Dallas-Fort Worth
Before you apply, have a clear sense of your renovation scope. We prefer a simple one-page format, but we’ll work with whatever you bring. Know your numbers on purchase price, rehab budget, and projected ARV.
Location matters too. Dallas-Fort Worth offers strong opportunities for flips, but make sure you’re buying in neighborhoods where renovated single-family homes actually sell. We can help you think through that if you’re uncertain.
Ready to Fund Your Next Flip?
We’ve helped investors across Dallas-Fort Worth close deals quickly, keep costs low, and scale their businesses. Whether this is your first flip or your fiftieth, we’re here to make the financing part straightforward.
Apply online in minutes, or call us at (972) 630-6676. Let’s talk about your project and how we can help you move fast.
FAQs
How fast can I close on a fix-and-flip loan in Dallas?
New investors typically close in 5 business days. If you’ve worked with us before, we can fund your deal in as little as 3 business days. Speed depends on having your documentation ready and a clear renovation plan.
What property types qualify for fix and flip loans in Texas?
We focus on single-family homes across major markets in Texas, including Dallas-Fort Worth, San Antonio, Austin, and Houston. We consider small multifamily properties on a case-by-case basis, but condos are generally not eligible.
Do I need perfect credit to get approved?
No. We focus on the property’s value and your renovation plan rather than credit scores alone. Our lending decisions are based primarily on the asset, not traditional bank qualifications.
How much can I borrow against the property’s value?
We lend up to 75% of the After Repaired Value, which can cover both purchase and rehab costs. This reduces the amount of cash you need to bring to the table and helps you leverage each deal more effectively.
