Finding the right property is the most important part of any successful fix and flip project. The best financing and contractors won’t save a bad deal, but the right property can make your flip profitable from day one!
What Makes a Great Fix and Flip Property?
Not all distressed homes are good flip candidates. Here’s what to look for:
| Key Factor | Why It Matters |
|---|---|
| Below-Market Price | Profit starts when you buy. Look for properties priced under comparable homes in the area. |
| Cosmetic Repairs Only | Homes needing paint, flooring, cabinets, or fixtures are quicker and cheaper to renovate than structural issues. |
| High ARV Potential | Know the After Repair Value (ARV) to ensure the flip will return a strong profit after costs. |
| Strong Local Demand | Look for zip codes with fast-moving inventory and buyer activity once the home is complete. |
| Clear Title & Exit Path | Avoid deals with liens or legal issues. Make sure you can sell or refinance easily once the flip is done. |
Where to Find Fix and Flip Properties in Arizona
- MLS Listings – Use filters to find older or discounted properties that need updates
- Off-Market Deals – Look for wholesalers, investor meetups, or networking groups
- Foreclosures & Auctions – These can offer deep discounts but may need major repairs
- Driving for Dollars – Physically scout distressed homes in up-and-coming neighborhoods
The Deal-to-Funding Process
FIND A PROPERTY
GET FUNDED FAST
RENOVATE & SELL
Tips for First-Time Flippers
- Always get a professional inspection before buying
- Know your ARV and renovation budget up front
- Don’t overestimate your skills or timeline
- Avoid homes with foundation, roof, or plumbing issues unless you’re experienced
Reviews From Our Investors
Our 3-Step Funding Process
1
Apply Online
2
Get Approved
3
Get Funded
”"The key to a profitable flip is buying smart. We help you evaluate properties so you don’t waste time or money."
— Loren Howard, Founder, Prime Plus Mortgages
Basic Loan Requirements
To qualify, you’ll need:
- A property under contract or ready to close
- A renovation budget and timeline
- A basic plan to sell or refinance the property
- Fair or better credit (no perfect credit needed!)
Real Projects Funded in Arizona
Ready to Flip the Right Property?
Prime Plus Mortgages specializes in helping beginners get started.
We fund real Arizona fix and flip projects, and help you identify profitable deals. Whether it’s your first flip or your tenth, we’re here to help!
Frequently Asked Questions
What is a fix and flip loan?
A short-term loan used to buy and renovate a property, then sell it for profit.
Do I need experience to qualify?
No—many of our clients are first-time flippers.
How fast can I get approved?
In as little as 24 hours after application.
What properties qualify?
Single-family, townhomes, condos, and small multi-family in Arizona.
Will the loan cover renovation costs?
Yes—most fix and flip loans include both purchase and rehab financing.
