Do I need experience to qualify for a fix and flip loan?

No experience is required. Prime Plus Mortgages works with beginner investors to provide funding for their first fix and flip projects.

How fast can I get funding?

You can get funded in as little as 24 hours after approval. We offer a fast, streamlined process for quick closings.

How much down payment do I need?

Most loans require as little as 10% down, depending on the project, your credit profile, and experience level.

What credit score do I need to qualify?

We work with a wide range of credit scores. While higher scores help, we regularly fund deals for investors with fair credit.

Can I use a fix and flip loan if I’m buying my first investment property?

Yes! These loans are perfect for first-time investors looking to enter the real estate market with a fast, flexible funding option.

What kind of properties qualify?

Single-family homes, condos, and small multi-family properties in Arizona typically qualify—especially if they need renovations and offer strong resale potential.

Do fix and flip loans cover renovation costs?

Yes, most fix and flip loans include funds for both the purchase and renovation of the property.

How long is the loan term?

Fix and flip loan terms typically range from 6 to 12 months, giving you time to renovate and sell the property.

Can I refinance out of a fix and flip loan?

Yes, many investors refinance into long-term loans or rental property loans once renovations are complete.

What if I need help finding contractors or estimating costs?

We’re happy to refer you to local professionals and provide guidance on budgeting, timelines, and maximizing your ROI.

Fix and Flip Loans for Beginners in Arizona

Start your real estate investment journey with confidence.
Prime Plus Mortgages makes it simple for first-time flippers to access fast, flexible funding, no experience required. Whether you’re flipping your first home or just getting started in real estate, we’re here to help.

Apply now to get pre-approved and start flipping in as little as 24 hours.

Apply Now

What Are Fix and Flip Loans?

Fix and flip loans are short-term loans designed to help investors buy, renovate, and resell a property for profit. They’re ideal for beginners who want:

Quick funding without the red tape of traditional banks
To renovate distressed properties
To make a profit from buying low and selling high

Feature	Fix and Flip Loan	Bridge Loan
Purpose	Buy-renovate-sell	Short-term financing between deals
Term	6–12 months	3–6 months
Renovations Covered	Yes	No
Ideal For	First-time flippers, investors	Experienced investors with multiple deals
Approval Speed	Fast (often 24 hours)	Fast
Down Payment	As low as 10%	Varies

How the Loan Process Works

FIND A PROPERTY

GET FUNDED FAST

RENOVATE & SELL

Why Fix and Flip Loans Are Great for Beginners

Easy qualification – No prior flipping experience required
Fast approvals – Skip traditional banks and long waits
Flexible terms – Loans designed around your project timeline
Local lender – We know the Arizona market

Tips for Choosing a Fix and Flip Loan

Start small: Choose manageable projects to gain experience
Budget wisely: Account for renovation, holding, and selling costs
Know the ARV: Understand the After Repair Value before buying

Reviews From Arizona Investors

    
 
 
         
   Brian P 
 
 
 
 Trustindex verifies that the original source of the review is Google. I’m giving them 5 stars before I apply for a loan . 💵 helps.
  
 
        
   viryriana mancillas 
 
 
 
 Trustindex verifies that the original source of the review is Google. Very grateful with Bob and the team from Prime Plus Mortgage, so helpful and I appreciate the patience they have. We are very satisfied and looking forward to working with Bob and the team with more loans in the future.
  
 
        
   nancy montano 
 
 
 
 Trustindex verifies that the original source of the review is Google. Bob was really knowledgeable and great throughout the entire process, everything was done very quickly and we were able to successfully close on this investment property thanks to his wonderful team! I recommend working with them 1000%
  
 
        
   Britany Statt 
 
 
 
 Trustindex verifies that the original source of the review is Google. Prime Plus really helped me in a bind. My usual hard money lender was unable to close with the date I needed. I reached out to Prime Plus and they were able to make it happen. Very friendly, easy to apply, great rates. I will definitely be using them again!
  
 
        
   Kyle Gaughen 
 
 
 
 Trustindex verifies that the original source of the review is Google. Easy to do business with and minimal fees with good terms!
  
 
        
   Junior Villagomez 
 
 
 
 Trustindex verifies that the original source of the review is Google. Awesome experience! Turnaround was fast easy and smooth! Appreciate the transparency! The beginning of something big!
  
 
        
   Matt Thompson 
 
 
 
 Trustindex verifies that the original source of the review is Google. Highly recommend Prime Plus for a hard money loan! Bob and his team are very easy to work with and helped get my first flip funded.
  
 
        
   Bobby Agron 
 
 
 
 Trustindex verifies that the original source of the review is Google. Bob came in and saved the day.  After losing a deal from another lender we were able to have Prime Plus in 48 hours put the entire thing together and fund on time.  Plus the fees and deal itself saved us more money in the end also!  Thanks Bob.  See you on the next deal.
  
 
        
   Rachel Barley 
 
 
 
 Trustindex verifies that the original source of the review is Google. We were in a bind with our lender and Bob worked nothing less than what I can call magic to get us closed in 72 hours. Highly recommended, extremely professional and responsive. I could not give any higher praise to Bob and his team.
  
 
        
   Norma Lopez 
 
 
 
 Trustindex verifies that the original source of the review is Google. super easy and everyone was very helpful throughout the process