Fix and flip loans are short-term real estate loans designed for investors who purchase properties, renovate them, and sell for profit. These loans cover acquisition and rehab costs, offering fast funding with flexible terms. They’re typically interest-only with repayment due upon resale of the property. Fix and flip lenders evaluate the property’s after-repair value (ARV) to determine loan amounts. These loans are ideal for experienced investors seeking quick capital without the red tape of traditional financing. Success with fix and flip loans depends on accurate budgeting, market knowledge, and the ability to manage renovation timelines efficiently and effectively.