Compare 100 Percent

Fix and Flip Financing Options

The phrase “100% financing” deserves a follow-up question: 100% of what? An investor may mean purchase and renovation costs, all cash needed to close, or every expense until the property sells. Those are different requests. Understanding the distinction helps you compare financing options without building your business plan around an assumption. At FBC Funding, the right discussion starts with the property, the budget, ARV and the particular program available for your scenario.

Compare 100% Fix and Flip Financing Options: Define the financed costs first

A program that finances the purchase and eligible renovation does not automatically finance inspection bills, every transaction expense, insurance, taxes, or cash reserves. Some costs may qualify for inclusion, while others remain the investor’s responsibility. Get a written breakdown that separates the purchase advance, renovation holdback, lender expenses, other closing costs, and required liquidity. The percentage alone cannot tell you how much cash to prepare.

The timing matters too. Renovation funds may be disbursed through a draw process instead of arriving in full at closing. That means an investor can receive financing for the rehab while still needing working capital to begin or continue the work. Ask whether draws reimburse completed work, whether any advance is available, and which documentation or inspections apply. Do not treat a total commitment as cash immediately available in your checking account.

Compare 100% Fix and Flip Financing Options: Understand the value constraint

High financing relative to purchase cost can still be limited by the property’s value. Consider a hypothetical $160,000 purchase price and $40,000 eligible renovation, for a $200,000 project cost before other expenses. If a program capped the loan at 70% of a $300,000 ARV, that value limit would be $210,000. If the ARV were $260,000 instead, the same hypothetical cap would be $182,000.

That illustration shows why buying below the expected finished value matters. It does not state a current FBC Funding leverage limit or approve either deal. The actual program may use different caps, eligible costs, or calculations. The practical lesson is to ask which limit controls your loan. A lender will likely evaluate cost, purchase price, current value, completed value, and the investor’s qualifications together.

Compare 100% Fix and Flip Financing Options: Match the program to your background

FBC Funding offers multiple 100% financing options rather than one identical product for every investor. Our marketing audience includes first-time and experienced investors generally with credit scores of 680 or higher. That target does not mean every applicant qualifies for maximum leverage. Experience, liquidity, property condition, location, documentation, and unit count can affect which financing path is available and what contribution remains necessary.

A first-time flipper should explain the team and execution plan, including contractor experience and how unexpected costs will be paid. An experienced investor should provide a concise track record of completed projects and exits. Neither applicant should assume that a stronger credit score replaces the need for reserves or a viable property. Financing works best when the deal itself supports the investment, not when the headline has to rescue weak numbers.

Compare 100% Fix and Flip Financing Options: Compare cost and cash together

Request comparable quotes using the same purchase price, scope, expected timeline, and exit. Look at interest, origination charges, third-party costs, reserve requirements, draw administration, extension terms, and any applicable prepayment provision. A loan requiring less cash at purchase often will carry a higher total cost. A lower-cost option requiring more initial equity may better fit an investor who has adequate liquidity and wants a larger profit margin.

Calculate both cash needed and projected profit under each option. Include the cost of a slower sale. Ask how interest is calculated and when renovation balances begin accruing it. If fees are financed, remember that they still increase the loan balance or affect proceeds. Rolling a cost into the financing changes when you pay it; it does not make the expense disappear from the economics of the project.

Compare 100% Fix and Flip Financing Options: Confirm the property and location fit

Our campaign covers 40 states nationwide with a heavy focus on Chicago, DC Metro, Georgia, Texas, and Florida, but an individual product’s availability may be narrower. Likewise, a program that fits a one-unit flip will not use the same terms for a 5–9 unit building. Review our 100% fix and flip financing options with the exact address and unit count, then confirm the current program in writing.

Our general mortgage loan minimum starts at $100,000, with program-specific qualifications. You can also compare the broader fix and flip loan programs when maximum leverage is not your only priority. The useful question is which structure leaves your business able to complete the project and repay the financing, including a less favorable outcome than the original plan.

Want to compare financing around a real deal? Schedule a free consultation or call 888-848-3114. We can help clarify what a qualifying option covers and what your business must still supply.