Direct private lending in most states
Call us anytime at 512-617-9400
Apply now
Program 02

Fix and Flip in Frisco

Frisco fix and flip loans for Collin County's jumbo basis.

We fund up to 90% of the purchase price and up to 100% of the rehab budget, capped to ARV, on a 6-month interest-only term. Frisco's mid-tier home value runs well above the City of Dallas, so a Collin County flip is often a jumbo-scale project rather than a starter rehab. No county-level flip return data exists for Collin County, so the discipline goes into the purchase price and the comp set, not a metro average. Business-purpose only, and every structure is set in underwriting.

Fix and Flip in Frisco, TX from USA Mortgage
90%
of purchase
100%
of rehab
Same day
term sheet
$5M
max loan

Typical figures, subject to underwriting and market conditions. Not a commitment to lend.

How it works

Draws are reimbursed quickly as work is completed, and a dedicated closer stays with your file from term sheet to payoff. You can get a term sheet the same day, and we typically fund within 48 hours of clear title, so most flips close in 5-7 days as soon as title and insurance come together.

Who it's for
Active fix and flip investors
First-time flippers welcome
Single-family and 1-4 units
Value-add and distressed buys
Auction and on-market deals
Typical terms
Loan amount$100K to $5M
Purchase leverageUp to 90% LTP
Rehab fundingUp to 100%
Term6 months
RateFrom 9.99%*
PaymentsInterest-only
Apply now

*Typical terms, subject to underwriting and market conditions.

Run your Fix and Flip numbers.

Pressure-test the deal in seconds with our free fix and flip calculator, no sign-up required.

Open the Fix and Flip calculator
More tools:BRRRRHard Money Cost
Local FAQ

Fix and Flip in Frisco, answered.

What does a Frisco rehab permit actually cost?
General alterations run $75 plus $0.45 per square foot of gross area. That schedule is set by City of Frisco Ordinance No. 2025-09-48, effective October 1, 2025. Budget separately for a $50 residential reinspection if an inspector fails the first pass, and $150 if you need an inspection outside normal business hours to keep a crew on schedule. Run the number against your fix and flip calculator before you finalize the rehab budget.

Sources: friscotexas.gov

How long will a Frisco rehab permit take to clear?
No published turnaround day count exists for Frisco or any other Collin County city. Frisco runs an online prescreen-and-review process for building permits, but the city does not publish how many days a typical review takes. Build a real buffer into your draw schedule and your 6-month term rather than assuming a fast pass, and confirm current review load with the city's permitting desk before you set a start date.
What will Frisco property taxes do to my carry with no homestead exemption?
Plan on roughly 1.68% of assessed value a year, and rising fast if you buy in a Public Improvement District. A Frisco property in Frisco ISD carries a combined 2025 rate of 1.675480 per $100 of value: Collin County at 0.149343, Collin College at 0.081220, City of Frisco at 0.425517 and Frisco ISD at 1.019400. Collin County levies no hospital district tax, which is a real difference from Dallas County. Investment property gets no homestead exemption and no 10% appraisal cap, and Collin CAD mails 2026 notices of appraised value on April 15 with the statewide May 15 protest deadline, so protest every year you hold. Talk to your CPA about how this affects your specific carry.

Sources: collincountytx.gov

Can I flip a house inside a Frisco PID or MUD subdivision?
Yes, but the assessment will not show up on the tax rate table you pull. Collin County's 2025 rate schedule lists 71 Public Improvement District entries, and every one prints a rate of 0.000000, with a note that a PID is an assessment set by the district rather than a tax rate. The named subdivisions sit in the northern growth tier around Prosper and Celina, and a buyer who checks only the rate table underwrites the assessment at zero. Pull the closing disclosure and the county assessment roll before you bid, and disclose it to your own buyer on the resale the same way. Our guide on double closings covers the disclosure duty on the assignment side of a deal like this.
What will insurance cost me while I hold a Frisco flip?
No Collin County premium figure has been published, so do not price your carry off a local number. The Texas Department of Insurance's own statewide figure is $3,506 for 2025 (preliminary), and hail is the state's largest homeowners loss peril, running roughly $2.3 billion in paid losses in 2025. Collin County is inland North Texas with no coastal wind pool exposure, but it does carry flood exposure along the East Fork Trinity and Wilson Creek that has no published local premium. Get a firm quote on the specific parcel before you close.

Sources: tdi.texas.gov

What actually gates the size of a Frisco flip?
Basis, not leverage. Frisco's mid-tier home value was $649,173 in July 2026, down 4.6% year over year, against a $1,852 median rent, a 3.4% gross yield. That is not a cash-flow number, and it means a Frisco flip is priced and sized against comparable homes in the high $600,000s rather than against rent coverage. No county-level flip rate or gross ROI figure has been published for Collin County, so there is no local benchmark to lean on. Hold your after repair value to what has actually closed on the same streets, and size the loan to that, not to a metro average.

More Fix and Flip questions, answered on the program page

Resources

Guides for Fix and Flip

Fix and Flip · 6 min read
Fix and Flip Loan Requirements: What You Need to Get Funded
Read the guide
Strategy · 6 min read
Financing the BRRRR Method: Buy, Rehab, Rent, Refinance, Repeat
Read the guide
Fix and Flip · 5 min read
What Is ARV (After-Repair Value) and How Do You Calculate It?
Read the guide
Rates & Costs · 5 min read
Hard Money Loan Rates and Costs, Explained
Read the guide
Browse all guides
Compare

Fix and Flip vs. other options

Comparison
Hard Money vs Private Money
See the comparison
Comparison
Hard Money vs Conventional Loan
See the comparison
More in Frisco

Other programs in Frisco

Second MortgageKeep your first mortgageRental / DSCR30-yr fixed, DSCR from 0.75Ground-Up ConstructionUp to 70% LTV, most statesCRE BridgeUp to $10M, 24-36 moTransactional FundingSame-day double-close capitalBank Statement / No-DocNo tax returns requiredConventional InvestmentNon-owner-occupied investmentPortfolio LoansMultiple properties, one loanCRE PermanentLong-term agency & permSBA Financing7(a) & 504 placement

Fix and Flip elsewhere in Texas

All Frisco loan programs
About the local figures on this page

Local rules move. Every tax rate, fee, ordinance and market figure here comes from a primary source and carries the date we read it, and we correct them as the rules change. Where a number is mid-change or we could not verify it, we say so rather than guess. Before you commit a budget, confirm anything that drives it with the city or county, and talk to your attorney or CPA on questions of law or tax.

Published by USA Mortgage Funding, LLC, NMLS #152588. Researched from primary sources by our team, drafted with AI assistance, and every figure checked against its source before publishing. Where an answer rests on a public record, that record is linked under it. Figures read on 2026-09-04.

Funding Frisco deals fast.

Get real terms, usually same day. No obligation, no hard credit pull to start.

Apply nowTalk to us