Renovation Loan Program

Take on your next renovation project with flexible private financing built for real estate investors. Whether it’s your first investment or one of many, our Renovation Loan Program provides competitive leverage, fast closings, and reliable capital from acquisition through renovation.

Planning to hold the property? Use the BRRRR strategy—Buy, Rehab, Rent, Refinance, Repeat—to transition from renovation financing into a long-term rental loan.

Program Terms

For our most experienced borrowers
LOAN AMOUNT
$125,000 to $4,000,000
MINIMUM CREDIT
660
RATES
8.99%+
POINTS
1-3%
PAYMENT
Monthly, Interest Only, No Prepay Penalty
Loan to Cost (LTC)
Up to 93%
Loan To Value (LTV)
Up to 90%
After Repair Value (ARV)
Up to 75%
LOAN TERM
12-24 Months
ELIGIBLE LOAN TYPES
Purchase+Rehab, Refinance+Rehab, Buy and Flip, Buy & Hold
NEW TO FLIPPING? NO FLIPPING EXPERIENCE? NO PROBLEM! CLICK BELOW!

Loan Details

Property Types-Urban and Suburban Properties
Documentation Needed

Park Place Finance specializes in residential real estate and can fund various properties in 47 States, with the following Investment Property Types:

  • Single Family Homes
  • Duplex, Triplex, Quadplex
  • Condominiums
  • Townhouses

You’ll love the ease of closing with Park Place Finance, because of our common sense underwriting. No Tax Returns, No Income Verification, and No Debt Ratio to Qualify! To speed up the process, here’s the main items you’ll need to gather:

  • Purchase Contract (If Purchase)
  • Rehab Budget
  • Last 2 Bank Statements
  • Property Insurance
  • Driver’s License
  • LLC / Entity Docs (if in LLC)

The Park Place Advantage

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Close within 7-10 business days

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Competitive Rates From 8.99%

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Nationally Trusted within 48 states

Built for Every Kind of Investor

Whether you’re financing your first investment property or taking on a multimillion-dollar luxury project, Park Place Finance has financing solutions designed to meet you at every stage. We work with first-time investors, experienced operators, builders, and developers nationwide, providing flexible private capital for projects of all sizes. Our goal is to provide the financing, speed, and support investors need to complete their objectives and position their investments for a successful return.

Renovation Resources

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Frequently Asked Questions

How do you determine my rate, leverage and loan terms for a Fix and Flip loan?

Rates and leverage are dependent on risk. Risk is measured on flipping experience, credit, loan details, and loan term. You are able to set your loan term from 6-18 months.  The rate and allowable max leverages will be determined on a number of factors including credit profile, experience and project size.  Get started today to find out where you qualify.  It just takes a couple minutes to submit your application!

What if I finish my Fix and Flip project early?

Great- there is no pre-payment penalty, so you can pay-off the loan at anytime, without incurring additional fees. Your interest is simply calculated by the days you hold the loan before payoff.

Can I extend my Fix and Flip loan?

Generally, yes.  However, approval of an extension is considered with a few factors including but not limited to, on-time payment history, project status, etc. 

What if my credit is below 640?

We can look at exceptions down to 600 with compensating factors such as experience and additional guarantors.

Do you lend to First Time Flippers?

YES! We love helping first-time flippers. In fact, many of our expert flippers started their first flip financing with us.. With 4,000+ loans closed, we are here to help you with any questions you have including budget reviews, property valuations, and profitability analysis. Our goal is to make your flip a financial success for you!

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