About
600+ (ttm)
Properties Funded
Founded in 2020 and headquartered in Houston, Texas, FlipCo Financial is a true balance sheet lender that sets its own risk tolerance, cutting out the committee delays and broker dependencies that slow down most institutional capital sources. Their doc-lite process requires fewer than 10 standard documents, so investors spend less time chasing paperwork and more time executing deals. FlipperForce investors can submit professional Investment Reports and itemized Rehab Estimator scopes of work directly from the platform, giving FlipCo's in-house underwriters the ARV support and budget alignment they need to issue fast approvals. What sets FlipCo apart: no hard credit pull, no formal appraisals, closings as fast as 1 day, and a flat $250 legal fee with zero junk charges.
Where They Lend
16 States: AL, AR, FL, GA, IN, KS, KY, MO, NC, OH, OK, PA, SC, TN, TX, VA
As a dedicated local lender, FlipCo Financial operates with direct boots on the ground across 16 states in the South, Midwest, and Southeast, with the heaviest deployment concentrated in Texas, Florida, and Georgia. This deep regional focus ensures they know the hyper-local neighborhood comps, municipal permit processes, and market dynamics better than out-of-state institutional platforms. Properties must be located within one hour of a major metro area or in a market with a minimum population of 30,000.
al ar fl ga in ks ky mo nc oh ok pa sc tn tx va
Loan Types, Structures and Terms
FlipCo Financial offers asset-based financing structures designed to fund short-term capital needs, including rapid fix-and-flip bridge loans and flexible short-term bridge financing for acquisitions, refinances, and fix-to-rent BRRRR strategies.
FlipCo Financial Fix & Flip Loans support real estate investors through the entire lifecycle of a short-term project, funding up to 90% of purchase and 90% of rehab costs capped at 75% ARV, from acquisition through renovation to final resale.
| Fix & Flip Feature |
Structure & Terms |
| Project Types |
Single-family residences, 2-4 unit residential, multifamily up to 20 units, select mixed-use. No condos, land, ground-up construction, or commercial properties. |
| Loan Limits & Terms |
$25,000 to $1,200,000 | 3 to 6 months + automatic 3-month extension at 0.50% | Interest-only on drawn funds, first-lien position | 11.00%-11.99% rate | 2% origination (min. $2,500) + $250 flat legal fee | No prepayment penalty |
| Leverage Ratios (LTC/ARV) |
Up to 90% of Purchase Price + 90% of Rehab Budget (Max 90% LTC / 75% ARV). Minimum 10% borrower equity required on total project cost. |
| Structural Advantages |
No hard credit pull. No formal appraisal — in-house ARV desktop review only. Rehab draws funded on reimbursement basis in approximately 3 days. Interest charged only on funds drawn, not the full committed rehab budget. Automatic 3-month extension available at 0.50% if additional time is needed. |
FlipCo Financial Short-Term Bridge Loans provide flexible, fast-close capital for real estate investors executing as-is acquisitions, rate-term refinances, cash-out transactions, or BRRRR-strategy rehabs with a planned DSCR rental refinance exit.
| Bridge Loan Feature |
Structure & Terms |
| Use Cases |
As-is purchases, rate-term refinances, cash-out refinances, tenant-occupied transitional holds, cosmetic-only projects, and BRRRR fix-to-rent acquisitions with a planned DSCR long-term refi exit. |
| Property Types |
Single-family residences, 2-4 unit residential, multifamily up to 20 units, select mixed-use. No condos, land, ground-up construction, or commercial properties. |
| Loan Limits & Terms |
$25,000 to $1,200,000 | 3 to 6 months with automatic 3-month extension at 0.50% | Interest-only monthly payments, first-lien position | 11.00% to 11.99% rate | 2% origination (min. $2,500) + $250 flat legal fee | No prepayment penalty |
| Leverage Ratios (LTV/LTC) |
As-Is Purchase: Up to 75% LTP | Rate-Term Refi: Up to 75% LTV | Cash-Out Refi: Up to 60% LTV | BRRRR Fix-to-Rent: Up to 90% purchase + 90% rehab, capped at 75% ARV; requires 680+ FICO for DSCR refi exit qualification |
| Structural Advantages |
Closes as fast as 1 day with no hard credit pull, no appraisal, and no W-2s required. Proof of funds letters available. BRRRR investors can model projected DSCR and cash-on-cash returns in the FlipperForce BRRRR Analyzer before committing to the bridge, validating their rental exit before closing. |
Borrower Qualifications (Am I qualified?)
FlipCo's underwriting is driven entirely by the asset: credit history, W-2 income, and personal tax returns play no role in the approval decision for fix-and-flip strategies. Investors who come prepared with a realistic scope of work, documented comps supporting the ARV, and a clear exit strategy move through FlipCo's sub-10-document checklist faster than any bank-dependent lending process.
| Qualification Parameter |
Lender Requirements |
| Experience Levels |
No prior experience required for fix-and-flip or bridge loans. For large or complex rehabs, FlipCo evaluates experience as a contributing factor; heavy projects may require a documented track record or a capable local contractor team in place. |
| Credit Requirement |
No minimum FICO required for fix-and-flip exit strategies (floor listed at 400, self-stated). Fix-to-Rent borrowers planning a DSCR refi exit must carry a 680+ FICO to qualify for the long-term rental refinance. No hard credit pull conducted on any loan type. |
| Income Verification |
Asset-based underwriting only. No W-2s, tax returns, or pay stubs required. Standard checklist is under 10 items: completed loan application and bank statements. Qualification is driven by deal metrics, ARV support, and exit strategy clarity. |
| Entity Requirement |
FlipCo lends to individuals, LLCs, Limited Partnerships, and Corporations. Foreign nationals accepted. Personal guaranty may be required based on property and borrower risk profile as assessed during underwriting. |
Underwriting Process (how long with this take to get approved)
FlipCo operates as a true balance sheet lender with fully in-house decision-making: no external committees, no broker layers, no third-party appraisal requirements. Investors who submit a clean application with documented comps, a detailed scope of work, and a clear exit strategy can reach closing in as little as 1 day, with a standard timeline of 3 days from submission to funded wire.
| Stage / Requirement |
Process & Timelines |
| Initial Review |
FlipCo reviews the submitted loan application and bank statements upon receipt. Doc checklist is under 10 items. Borrowers with a clear exit strategy, realistic scope of work, and responsive communication move through initial underwriting same-day in most cases. |
| Property Valuation |
No third-party appraisal required. FlipCo performs an in-house Desktop Appraisal for ARV validation. Investor-provided comps must be within 90 days (up to 6 months acceptable), within 1 mile, and within +/-15% size variance. Rehabbed properties must be compared to renovated comparables, not distressed listings. BPOs always accepted. |
| Speed to Close |
Typical close: 3 days. Fastest close on record: 1 day. In-house balance sheet decisions eliminate committee approval delays. Proof of funds letters available upon request for auction or off-market deal situations. |
| Document Checklist |
Under 10 standard documents. Primary requirements: completed loan application, bank statements, property under contract (purchase loans), scope of work with rehab budget, and comp support for ARV. No tax returns, W-2s, or pay stubs required. |
Draw Process (how long will it take to get my money)
FlipCo handles all draw servicing in-house on a reimbursement basis, with a 3-day funding turnaround after completed and paid work is submitted for review. Because interest accrues only on funds actually drawn and not the full committed rehab budget, investors managing active projects through the FlipperForce Project Budgeter and Scheduler can align contractor milestone completions directly to draw submissions, keeping cash flow predictable and contractor timelines protected throughout the rehab.
| Operational Step |
Methodology & Timelines |
| Draw System |
Reimbursement-based. Rehab funds are disbursed after completed and paid work is submitted through a draw request. Interest accrues only on funds drawn, not the full committed rehab budget, keeping active project carrying costs predictable and controlled. |
| Inspection Method |
In-house draw management handled by FlipCo's internal servicing team. Specific inspection method (field inspector vs. photo submission) should be confirmed directly with FlipCo during loan origination. |
| Funding Turnaround |
Approximately 3 days from approved draw request to wire release. In-house servicing eliminates third-party processing delays, keeping contractor payments on schedule and protecting active rehab timelines built in the FlipperForce Scheduler. |
| Draw Fees |
No draw fees publicly listed. FlipCo operates on an all-inclusive origination model with no hidden processing or underwriting charges: flat $250 legal document fee and origination points at close only. Confirm any per-draw inspection costs directly with FlipCo during onboarding. |
