First Capital Program

Fix & Flip / Construction

Short-term capital sized to purchase price plus rehab or ground-up build.

Interest-only, milestone-draw loans for investors flipping single-family and small residential, plus ground-up construction. Sized on ARV/LTC, funded fast, and repaid at exit — sale or refinance into a rental hold.

Program Highlights

Loan Size

$100,000 – $5,000,000

LTC / ARV

Up to 90% LTC / 75% ARV

Term

6 – 24 Months

Rate

9% – 12%

Draws

Milestone Based

Funding Time

10 – 15 Days

Best For

  • Single-family and small-residential flips
  • Ground-up construction on infill lots
  • Value-add rehabs into DSCR refi
  • Repeat investors scaling a portfolio

Requirements

  • ·Purchase contract or clean title
  • ·Rehab or construction budget
  • ·Investor track record helps sizing (not required for first-timers)

How It Works

01

Share property address, purchase price, and rehab budget.

02

Underwriting sizes loan to LTC and after-repair value (ARV).

03

Close, fund purchase, and open the construction draw schedule.

04

Rehab draws released against inspections; balloon at exit.

Fact-Backed Impact

Published research and industry data on how fix & flip / construction help U.S. businesses grow.

308,000+

Homes flipped in the U.S. in 2023, representing roughly 8% of all home sales.

Source: ATTOM Home Flipping Report

27%

Median gross ROI on flipped homes nationally — before rehab and financing costs.

Source: ATTOM Data Solutions

$70k

Median gross flipping profit per home nationally.

Source: ATTOM 2024 Report

Illustrative Examples

The scenarios below are hypothetical illustrations of how this program is commonly used. They are not actual First Capital Funding client results.

Real Estate

SFR flipper

Financed a $310k purchase + $85k rehab; exited at $520k in 5 months for a $92k net after costs.

Construction

Infill builder

Built two townhomes ground-up on a Philadelphia lot with a 24-month construction loan.

Hypothetical examples for illustration only — not actual client outcomes. Individual results vary and no outcome is promised.

Ready to move on Fix & Flip / Construction?

One application, one desk. A funding advisor will review your file and return offers tailored to your business.