Investment lending education

Fix & Flip 101: From Purchase to Profit, the Complete Broker Course

Fix and flip loans move fast. This course teaches you the metrics lenders care about (LTC, LTARV, ARV), how experience tiers affect pricing, how rehab draws work, and how a flip deal moves from signed contract to funded exit. Built for brokers who want to confidently originate short-term investor loans.

Beginner 15 min 5 lessonsLoan ProgramsUpdated 2026-03-14

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Curriculum

2 modules, 5 lessons

Module 1Fix & Flip Basics

1What Lenders Look For in a Flip DealReading

2Numbers That Matter: LTC & LTARVCalculator

3Fix & Flip 101 QuizQuiz

Module 2The Flip Deal Lifecycle

1From Purchase to ProfitReading

2Lifecycle QuizQuiz

How fix and flip loans work for brokers

A fix and flip loan is short-term financing (typically 12 to 18 months) designed for investors buying properties to renovate and resell. Unlike DSCR loans, fix and flip lending is not about cash flow. It is about the deal: purchase price, renovation budget, after-repair value (ARV), and the track record of the investor.

For brokers, fix and flip is high-velocity business. Flippers buy regularly, close quickly, and need financing on tight timelines. One active flipper can generate three to six funded deals per year.

What you will learn

This course covers every concept a broker needs to originate fix and flip loans confidently.

•LTC (loan-to-cost): how lenders cap financing relative to total project cost
•LTARV (loan-to-after-repair-value): the ceiling based on what the property will be worth post-rehab
•ARV validation: how appraisals and comps drive deal feasibility
•Experience tiers: how lender pricing changes based on the completed flip history of the borrower
•Rehab draws: how renovation funds are released in stages as work is completed
•Deal lifecycle: the full path from purchase contract to profitable exit

Why this matters for your business

Fix and flip borrowers are some of the most active investors in the market. They close fast, come back often, and refer other flippers. A broker who can confidently structure a flip deal, explain the draw process, and price accurately becomes the first call for every new project. This course gives you that foundation.

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Built by the team behind $1.8B+ in monthly investor deal flow.

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FAQ

Fix & Flip 101 FAQs

Common questions about this course topic.

What is the difference between LTC and LTARV?

LTC (loan-to-cost) measures the loan amount against total project cost including purchase and renovation. LTARV (loan-to-after-repair-value) measures it against the projected value after renovations are complete. Lenders use both as constraints, and the loan is typically capped at the lower of the two.

How do experience tiers affect fix and flip pricing?

Lenders offer better rates and higher leverage to borrowers with more completed flips. A first-time flipper might get 80% LTC, while an experienced investor with 10+ completed projects could qualify for 90% LTC and lower interest rates.

How long does a typical fix and flip loan last?

Most fix and flip loans have terms of 12 to 18 months with possible extensions. The goal is for the borrower to renovate and sell the property within that timeframe, paying off the loan from sale proceeds.

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