Fix and Flip Loans for Ohio real estate investors
Our fix and flip loans are built for speed, with competitive rates, fast rehab draws, and zero prepayment penalties.
Fix and Flip loan terms that work for you
Our fix and flip loans are tailored for experienced real estate investors who need access to capital, fast. You can choose between a flat fee or points-based structure, with straightforward terms and a process that respects your time. We lend on investment properties across Ohio, from single-family homes to duplexes and light multi-family flips.
Loan Terms & Features
- Loan to Value: Up to 75% of After Repair Value
- Finance: Up to 90% of Purchase Price and 100% of Budgeted Rehab Cost
- Loan Amount: $50K-$1M
- Term: 12 - 18 Months
- Rates: Starting at 9.5%*
- Origination Points: 1–4 points, option to defer to payoff
- Interest Structure: Monthly payments, option to defer up to 6 months
- Rehab Draw Funding: Reimbursed within 3 business days
- No Additional or Hidden Fees
- No Prepayment Penalty
- Competitive Pricing
- Time to Close: 7-10 business days
- Property Types: Single-Family Homes, Duplexes and smaller Multi-Family Homes
- Geography: Currently serving every major city in Ohio and neighboring states
- Business Loan: Yes – for entities with personal guarantors
- Lien Position: 1st position only
*Rates and terms vary based on borrower experience
Borrower Qualification Requirements
- Credit Score: 650+ preferred
- Credit Check Type: Only a soft pull is required, with no impact to your credit report
- Capital Requirements: Sufficient capital for down payment, closing costs, working capital for rehab, and other fees
- Experience Level: Open to both new and experienced real estate investors
- Entity Structure: Borrowers must apply through a legal business entity with a personal guarantor
Areas We Serve
Serving Ohio Real Estate Investors
HT Capital Investments proudly serves major cities throughout Ohio, including, but not limited to:
- Columbus,OH
- Cincinnati,OH
- Cleveland,OH
Frequently Asked
Fix and Flip Loan Questions
Which interest structure is best for me?
Deferred Interest
Deferred interest is ideal for borrowers looking to reduce working capital. In this structure, 6 months of interest is built into the loan and funded by us on the committed loan amount. These funds are placed in a dedicated interest reserve account and released as interest comes due.
Borrower Benefits:
- Reduces monthly cash requirements for borrowers
- Any funds remaining at payoff is credited
Monthly Interest
Monthly interest payments are a great fit for borrowers with strong cash reserves who prefer greater control over their interest payments. Interest-only payments are due on the 1st of each month and are based on the committed loan amount.
- Payments due on first of each month
- Late fees apply after the 5th of each month
Committed Loan Amount is defined as purchase amount, the rehab budget, and the interest reserved
How do I make payments?
ACH
We will run your monthly interest payment automatically via ACH from the bank account information on file. The debit occurs on the first of each month.
- Due date: 1st of each month
- Grace period: Through the 5th of each month
- Late fees: 5% of payment due or minimum of $50 whichever is higher
- Additional daily amount of $50
Who do you lend to?
We lend to both new and experienced real estate investors purchasing residential investment properties in Ohio and neighboring states. All borrowers must apply through a legal business entity such as an LLC or Corporation with personal guarantee.
What documents do I need in order to apply?
- Personal Identification (1): Driver’s License, Passport, or State-issue ID are all valid
- Entity Documents (1): Articles of Incorporation, Operating agreement, or EIN Verification Letter
- Bank Statements (60 days)
- Purchase Contract
- Scope of Work / Rehab Budget detail
- Property Photos (at least 3)
- Borrower deal portfolio (3 most recent deals if applicable)
Do you require an appraisal?
Yes. In most cases an appraisal is required for full loan approval.
Do you finance rehab costs?
Yes, we will finance up to 100% of your budgeted rehab.
How much can I borrow for a fix and flip project?
Loan amounts start at $50K and go up to $1M. We finance up to 90% of the purchase price and 100% of the budgeted rehab, with a maximum after-repair value (ARV) of 75%
How much do I need for closing?
Borrowers are typically responsible for the following at closing:
- Down payment (usually 10–20% of the purchase price)
- Origination points, if not deferred
- Odd-days interest
- Third-party closing costs (such as title related fees)
How fast can I close on a fix and flip loan?
We can typically close within 7–10 business days, depending on borrower needs, preparedness, and deal location; however for deals in Ohio we can close in as little as 3-5 business days depending on the complexity of the loan
How do rehab draws work?
Rehab draw requests are reviewed and approved within 24 hours of receiving all required documentation, including the draw request form, lien waivers, invoices, receipts, and photos of completed work.
Once approved, funds are typically dispersed within 3 business days.
To keep costs low for our borrowers, we require:
- A minimum draw amount of $5K
- A maximum of 5 draws over the life of the loan
Please note: For larger draw requests (over $20K or 25% of the total rehab budget), a title update fee may apply.
Are there any prepayment penalties or hidden fees?
Nope. There are no prepayment penalties or junk fees. In most cases, the only “fees” we charge are the one time underwriting fee.
What is the underwriting fee?
At HT Capital Investments, we require a flat underwriting fee of $2K to initiate the full underwriting process. This fee covers essential expenses such as appraisal, credit checks, and document processing.
We do not proceed with full underwriting or issue final approval until the underwriting fee is received—this ensures that no party incurs unnecessary costs prematurely.
Note: This is the only fee we charge outside of loan terms (interest & points). Additional fees related to closing/title are paid directly to the title agency.
How do I go about getting an extension?
Rehab taking longer than expected? Property not selling as quickly as anticipated? No problem — we understand that these things happen. We offer a 3-month extension on a case-by-case basis to keep your project on track.
To request an extension, simply give us a call or email us, and we’ll discuss your options.
Standard fees apply:
- 1–2 points
- Additional 1 point on original interest rate
What types of real estate investments are eligible?
We fund residential properties throughout Ohio, including single-family homes, duplexes, and light multi-family properties. Owner-occupied homes and commercial properties are not eligible.
Do I need to apply through an LLC or business entity?
Yes. All loans must be made to a legal business entity with a personal guarantor.
Will applying affect my credit score?
We require a soft credit pull only with no impact to your personal credit score.
What do I need to include in my deal portfolio?
- Address of the property
- Purchase & sale dates
- Purchase & sale prices
- Rehab budget and actual spend
- Before and after photos
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