Fix and Flip Loans in California

Fix and flip loans are short-term real estate financing solutions used to purchase, renovate, and resell investment properties. They are commonly structured around the property’s purchase price, renovation budget, projected resale value, borrower experience, and timeline. Franklin Financing Services helps investors explore loan options suited to acquisition, rehab, and resale strategies rather than relying only on traditional bank financing.

A 90% LTV + renovation structure generally means financing may support a large portion of the property purchase while also addressing rehab costs. Exact terms depend on underwriting, property details, investor profile, and project scope. For California investors, renovation budgets should account for permitting, labor, materials, and market-specific resale expectations before final loan sizing is determined.

Yes, many fix and flip financing scenarios are designed to combine acquisition and renovation capital into one project-focused funding solution. This can help investors preserve working capital while moving quickly on distressed, outdated, or value-add properties. Franklin Financing Services reviews the property, rehab plan, and exit strategy to help identify lending options aligned with the project.

Some Franklin Financing Services programs offer quick approvals in 24-48 hours, with funding available in as little as 3-7 days for certain financing products. Timing depends on the loan type, required documentation, property information, and lender review. Having purchase contracts, renovation estimates, entity documents, and financial records ready can help move the process faster.

Perfect credit is not always required. Franklin Financing Services works with lending options beyond traditional banks and may help borrowers who have experienced poor credit, late payments, or bank turndowns. Credit still matters, but lenders may also evaluate collateral, project strength, investor experience, liquidity, renovation plan, and the realistic resale strategy for the property.

Common documentation may include a completed application, purchase contract, renovation budget, property details, borrower identification, entity documents, bank statements, and an overview of the planned exit strategy. For more complex financing, lenders may request additional financial records. Clear cost estimates and realistic timelines are especially important for California projects with permitting or contractor scheduling considerations.

First-time flippers may still have financing options, although lenders may review the project more carefully. Strong contractor estimates, a realistic after-repair value, adequate reserves, and a clear resale plan can help strengthen the file. Franklin Financing Services can evaluate whether bridge, real estate, or other financing structures may fit the borrower’s experience level and project goals.

A bank decline does not necessarily end the financing search. Franklin Financing Services positions itself as a broader financing partner with relationships beyond traditional banks, helping small to medium-sized businesses and investors explore alternative lending solutions. Depending on the reason for the decline, options may still exist through private, bridge, business, or real estate financing channels.