• Create a Backflip account or login in your browser or in the Backflip app.
• Navigate to the “Loans” tab and submit your request (takes < 3 minutes).
• A dedicated Account Executive will follow up with next steps.

Yes! Start by submitting a loan quote through the Backflip app or website. Once submitted, your dedicated Backflip loan expert will review your info and issue a personalized Pre-Approval letter. This letter serves as proof of funds and strengthens your credibility as a buyer—helping you stand out in competitive markets and get your fix & flip offer accepted faster.

LTV = Loan-to-Value (based on after-repair value)
LTC = Loan-to-Cost (based on purchase + rehab budget)

A hard money loan is a short-term, asset-based loan primarily used by real estate investors. These loans are secured by the property itself and are designed for speed, flexibility, and ease—making them ideal for fix & flip projects.

You can reach us through the following channels:

• General Questions: [email protected]
• Loans: Please sign-up or login and submit a request for a loan inquiry. An Account Executive will contact you.
• Brokers: [email protected]
• Processing: [email protected]
• Servicing: [email protected]
• Rehab Draws: [email protected]

• Create a Backflip account or login in your browser or in the Backflip app.
• Navigate to the “Loans” tab and submit your request (takes < 3 minutes).
• A dedicated Account Executive will follow up with next steps.

Yes! Submit a request for loan inquiry in the app or on the site. An Account Executive will follow up with your pre-approval letter.

Not yet. We are working on getting a DSCR loan live soon!

We currently lend in the following 44 states:

• AL, AK, AR, AZ, CA, CO, CT, DE, FL, GA, HI, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, NE, NH, NJ, NM, NY, OH, OK, OR, PA, RI, SC, TN, TX, VA, WA, WI, WV, WY

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We’re not (yet) available in:

• UT, ID, NV, ND, SD, or VT.

We can close in 10–14 business days.

Yes, we can take a look! Submit the property in the app under “loans,” and your Account Executive will reach out with refinance terms.

6–12 month terms, interest-only payments, no prepayment penalty.
Rates: 8.50%–13.50%
Origination Fees: 0.75%–2.00%
LTC: 81%–93%, based on experience, credit, and deal.

LTV = Loan-to-Value (based on after-repair value)
LTC = Loan-to-Cost (based on purchase + rehab budget)

Yes. If you’re still making offers or looking for proof of funds, you can request a pre-approval letter or soft quote before you’re under contract. Just let your Account Executive know.

Minimum Purchase Price: $85K
Minimum Loan Amount: $75K
Max Loan: $1.5M ($2M for experienced investors)
High leverage loans require $120K min purchase and must not be rural.

No, Backflip does not charge up-front lender fees. Submitting a request for a loan quote or inquiry is completely free! It’s also non-binding, which means there’s no obligation to proceed until you’re ready.

A hard money loan is a short-term, asset-based loan primarily used by real estate investors. These loans are secured by the property itself and are designed for speed, flexibility, and ease—making them ideal for fix & flip projects.

• Single-family homes (1–4 units)
• We don’t lend on: multifamily (5+ units), commercial, mobile homes, land, or ground-up construction

Yes! You can submit as many properties as you want for analysis or loan consideration. Many of our users evaluate multiple flips at once through the Backflip Analyzer.

Interest-only payments due on the 1st. Most set up auto ACH.

Your first interest payment is due at closing and will be prorated based on the closing date. From there, payments are in arrears and will be due on the first of each month.

• For Example: You close 4/15/2025. At closing you pay prorated interest for the month of April (Closing Month). 5/01/2025, no payment due. Your next payment will be due 6/01/2025 for the month of May (payments in arrears)

• Backflip Draws Team: [email protected]

• Submit a draw request after completing work
• We reimburse you for completed work via in-person inspections
• Once requested, Approved funds are typically wired within 3–5 business days
• $180 flat fee per draw (covers inspection + wire)

We can typically close in 10–14 business days.

• Minimum Purchase Price: $85K
• Minimum Loan Amount: $75K
• Maximum Loan Amount: $1.5M (up to $2M for experienced investors)
• High-leverage loans require a $120 K minimum purchase price and property must not be rural

Acceptable sources include:

• Checking, savings, or money-market accounts
• HELOCs
• Brokerage accounts
• Gifts from third parties
• Borrower-controlled trust accounts

We currently lend in the following 44 states:

• AL, AK, AR, AZ, CA, CO, CT, DE, FL, GA, HI, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, NE, NH, NJ, NM, NY, OH, OK, OR, PA, RI, SC, TN, TX, VA, WA, WI, WV, WY

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We’re not (yet) available in:

• UT, ID, NV, ND, SD, or VT.

Based on comps + property info via the app’s Backflip Analyzer. All loans require 3rd party valuation.

Backflip instantly pulls recent, renovated MLS comps that match the property’s size, style and location, then averages their $/sq ft to estimate an After-Repair Value.

Yes—tap the Comps tab, review the list, and toggle any comp on/off; the ARV recalculates in real time so you see the impact immediately.

An opt-in email that notifies you whenever a comparable sale updates, so you can tweak ARV mid-flip or track comps related to any property!

The core app & investor tools are 100 % free. No hidden tiers, no credit card.

Yes! You can submit as many properties as you want for analysis or loan consideration. Many of our users evaluate multiple flips at once through the Backflip Analyzer.

Yes! Submit your property through the app or web and an AE will provide options.

You can reach us through the following channels:

• Brokers: [email protected]

• 
  Check out Backflip events near you on Eventbrite!
  

Open to all! We offer programming that suits every experience level, plus specific events tailored to beginners, intermediates, and seasoned pros.

Real estate investor focused events – in person and virtually. We are continually iterating and testing based on what works best for you. From networking events like happy hours, speed connections, and open mics to investor stories, panels and education focused programming, we have opportunitites to engage no matter your experience level.

Yes! Backflip partners with mission aligned people & organizations. Please email [email protected] with details.

Join our in person events, our virtual webinars, or email [email protected] with any requests and we can connect you directly to other investors and resources in your local market.

The Backflip community is free! We are here to be the network, education and resources to grow your real estate investing.

Note: there are events that are exclusive to members who have closed a loan with Backflip and you’ll receive a personal invite to these experiences.

Yes, we welcome you to bring guests to Backflip events. If the event is limited in capacity or an exclusive invite for you, this will be noted before you attend.

Community in the Backflip app is coming soon!

Yes! We welcome all experience levels and many early stage investors find great value and connections from Backflip events.

Please reach out to [email protected]

We love feedback! Please share your feedback with [email protected]

• Check out testimonials from Backflip members on our YouTube channel!
  

• Create a Backflip account or log in via web or the Backflip app.
• Navigate to the Loans tab and submit your request (takes < 3 min).
• A dedicated Account Executive will follow up with next steps.

Yes! Submit a loan quote in the Backflip app or on the website. Your loan expert reviews your info and emails a personalized Pre-Approval letter — perfect proof of funds for competitive offers.

LTV = Loan-to-Value (based on After-Repair Value).
LTC = Loan-to-Cost (purchase price + rehab budget).

A short-term, asset-based loan secured by the property itself. It’s designed for speed, flexibility, and ease — ideal for fix-and-flip projects.

Not yet — we’re working on it!

We currently lend in these 44 states:

• AL, AK, AR, AZ, CA, CO, CT, DE, FL, GA, HI, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT,
  NC, NE, NH, NJ, NM, NY, OH, OK, OR, PA, RI, SC, TN, TX, VA, WA, WI, WV, WY

We’re not (yet) available in:

• UT, ID, NV, ND, SD, or VT.

Typically in 10-14 business days.

Yes. Submit the property in the app under “Loans,” and your Account Executive will share refinance terms.

• 6–12-month terms, interest-only payments
• No pre-payment penalty
• Rates: 8.50 – 13.50 %
• Origination fee: 0.75 – 2.00 %
• LTC: 81 – 93 % (depends on experience, credit & deal)

Yes. Request a soft quote or pre-approval letter before you’re under contract — just let your dedicated account executive know.

• Minimum purchase price — $85 K
• Minimum loan amount — $75 K
• Maximum loan — $1.5 M ($2 M for experienced investors)
• High-leverage loans require a $120 K+ purchase and must not be rural.

No. Requesting a loan quote is free and non-binding.

• Eligible: single-family (1-4 units)
• Not eligible: multifamily (5+ units), commercial, mobile homes, land, ground-up construction

Yes — many investors evaluate several flips simultaneously with the Backflip Analyzer.

Interest-only payments are due on the 1st; most borrowers set up auto-ACH.

Your first interest payment (prorated) is collected at closing. Regular payments begin on the next 1st after a full month has passed.

• Draws Team: [email protected]

• Submit a draw after completing work.
• An inspector verifies progress; funds are wired in 3-5 business days.
• $180 flat fee (inspection + wire).

• Checking / savings / money-market accounts
• HELOCs
• Brokerage accounts
• Gifts from third parties
• Borrower-controlled trust accounts

Backflip’s Analyzer pulls recent, renovated MLS comps, matches size / style / location, and averages their $/sq ft to estimate After-Repair Value.

It auto-selects the three closest, renovated comps by $/sq ft and instantly averages them — you can refine the list for even tighter accuracy.

Yes — toggle any comp on/off in the Comps tab and watch the ARV recalculate in real time.

Opt-in emails that notify you whenever a comparable sale updates — perfect for mid-flip ARV tweaks or tracking deals tied to a loan app.

All core tools are 100 % free — no tiers, no credit card.

Yes — submit a property in the app or on the web and an AE will reach out with options.

• Brokers: [email protected]

• Find Backflip events near you on Eventbrite

Open to all! We host general programming for every level and targeted events for specific experience tiers.

• Watch member testimonials on our YouTube channel

You can reach us through the channels below:

• General Questions: [email protected]
• Loans: Sign up or log in and submit a loan inquiry.
• Brokers: [email protected]
• Processing: [email protected]
• Servicing: [email protected]
• Rehab Draws: [email protected]