🛠️ Seeing Fix & Flip Lenders Step Back in Florida — What’s Your Experience?

[Katie Smith]

Over the past month or so, I’ve noticed a shift: several fix and flip lenders either pulling out of the Florida market or drastically tightening their terms. Lower leverage, higher rates, tougher underwriting — it’s making some of the deals that worked just fine a few months ago a lot harder to pencil today.

Despite that, I’m still seeing solid opportunities out there — especially when the numbers are right and the scope is realistic. I’ve been working through a few of these changes with investors recently, helping rework deals after lenders backed out or changed terms last minute.

Wondering what others are seeing out there — are you sticking with your usual lenders or looking elsewhere? Adjusting offer prices? Pushing timelines?

Let’s talk shop — always good to hear how others are navigating the shifting landscape.