Fix n Flip lending

Member since 2026 · 1 post · 1 vote

Hey! I’m looking to do my first fix and flip this year. I was looking into investors edge for lending, and didn’t hear too many good reviews. I’m very excited to start this journey and was wondering if anyone could steer me in the right direction for hard money lending.

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Chris SeveneyBusiness Member
Moderator
Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
7mo
Quote from @Colin Christman:

Hey! I’m looking to do my first fix and flip this year. I was looking into investors edge for lending, and didn’t hear too many good reviews. I’m very excited to start this journey and was wondering if anyone could steer me in the right direction for hard money lending.

There are about 1000+ lenders here on BP. You can easily find them in the private lending group as well click on the Agents and Pros tab and select lenders.
7e investments53 Reviews
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Matthew Bernal
Investor · Austin, TX · Member since 2021 · 497 posts · 127 votes
7mo
Congrats on getting started. For your first flip, focus less on the lender name and more on terms, draw process, and how fast they can actually close. Speed and clear rehab funding matter more than marketing.

If you want, I can help you compare options and walk through what to look for in a solid hard money lender. Feel free to DM me.
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Michael Wyatt
Lender · Boston, MA · Member since 2021 · 125 posts · 64 votes
7mo
Hey Colin, happy to connect and see if I can help steer you in the right direction
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Account Closed
Member since 2026 · 35 posts · 3 votes
6mo
Hey Colin,

Congrats on gearing up for your first fix and flip—that’s a big step and it’s smart that you’re doing your homework on lending options first.

Hard money can absolutely work for a first deal, but it’s important to understand a few key pieces going in: what they’ll lend against (purchase vs. purchase + rehab), how draws work for the rehab budget, your required down payment, and your total cost of capital (rate, points, and fees) so the deal still pencils out.

For a first‑time flip in a market like Fort Wayne, I’d focus on:
- Making sure you have enough liquidity for down payment, closing costs, and at least a few months of holding costs.
- Being conservative on ARV and timeline, since most lenders will underwrite heavily to those two numbers.
- Asking lenders specific questions about their draw process, minimum credit scores, leverage (LTV/LTC), and whether they have first‑time investor programs.
If you’d like, I’m happy to help you think through what a “safe” first flip might look like from the lending side (max purchase price, rehab budget, and exit) based on typical hard money terms for new investors, and you can then shop those expectations around to local or national lenders you’re considering.

Either way, you’re doing the right thing by asking questions up front—getting the financing structure right on flip #1 will make flips #2 and #3 a lot smoother.
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Caleb Brown
Real Estate Agent · Kansas City · Member since 2018 · 4k+ posts · 3k+ votes
6mo
Quote from @Colin Christman:

Hey! I’m looking to do my first fix and flip this year. I was looking into investors edge for lending, and didn’t hear too many good reviews. I’m very excited to start this journey and was wondering if anyone could steer me in the right direction for hard money lending.
Referrals, local groups, FB groups are where I have had the best luck
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Erik EstradaBusiness Member
Lender · Member since 2022 · 6k+ posts · 1k+ votes
1w
Haven't heard of them, but as many stated, BP is an excellent resource to find reputable lenders. Happy to connect
[email protected]818-269-7983
LuxePrivate Investments LLC 572 Reviews
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