Typical Terms for Fix & Flip and Fix & Hold Loans

Loan Type

  • 6 to 12 Month Fix & Flip and Fix & Rent Loans

Loan Amount

  • $150,000 to $2,500,000


  • Up to 90% of Purchase and Repair Cost
  • Up to 75% ARV
  • 100% of Rehab Cost

Eligible Properties

  • Single-family Residential
  • 2-4 Unit Properties
  • Condominiums
  • Apartments and Mixed-use Buildings
  • Small Balance Commercial

Eligible Borrowers

  • U.S. Citizens
  • Permanent Resident Aliens
  • Non-permanent Aliens
  • Foreign Nationals
  • LLCs
  • Limited Partnerships
  • General Partnerships
  • Corporations


  • Washington, DC
  • Virginia
  • Maryland
  • Delaware
  • North Carolina
  • South Carolina
  • Pennsylvania
  • Texas
  • Mid-Atlantic
  • Southeast
  • Northeast

Credit (FICO)

  • Minimum FICO score of 600

Required Documents

  • Personal Financial Statement
  • 1-month bank statement*
  • List of properties sold in the past 24 months
  • Renovation budget
  • Sales contract
  • Corporate entity documents (articles/certificate of formation and operating agreement)
  • Credit authorization

*only required in certain borrower situations

Download Typical Terms PDF

Get Your Project Funded

I’m now working on my second project with WSF. The loan process for both was fast and easy. My second loan closed exactly four days after I brought them the deal. Looking for another deal now!

Chris J.Washington, DC

The WSF team has been fantastic and hands-on the whole way. They have been easy to work with, and have given me tips on everything from roofing to sod, then helped me find a great local realtor and stager. A great partner.

John G.Vienna, VA

I have worked with Walnut Street Finance on two deals in DC. Our first property is under contract above asking price, and we're underway with the second. The Walnut Street Finance team has been very helpful and done everything possible to help me succeed.

Andy S.Alexandria, VA