Can You Fund a Fix and Flip With No Money Down?

Funding a fix and flip with truly zero dollars out of pocket is rare, but high-leverage financing can get you close. The honest answer: lenders fund up to 90% of purchase and up to 100% of rehab, so your cash is mostly the remaining down payment and closing costs, and there are ways to reduce even that.

What "no money down" usually means

It rarely means a lender hands you everything. It usually means stacking high leverage with other capital so your personal cash in the deal is minimal:

• Up to 90% of purchase and 100% of rehab from the lender.
• The down payment and closing costs covered by a partner, private money, or a strong below-market purchase.
• An interest reserve so you make no payments during the hold.

How a great deal lowers your cash

Buy far enough below value and the equity in the deal can substitute for cash. When the after-repair value comfortably supports the loan, lenders can stretch leverage, and a partner is easier to attract.

The realistic path

Bring a sound deal, a realistic budget, and a clear exit. Maximize lender leverage, then fill the small remaining gap with a partner or private money. That is how experienced flippers get as close to no money down as it gets.