Fix and Flip Loans in Texas
AAPL Member · Direct Lender Since 2016 · NMLS #1979189
Texas is one of the best flip markets in the country, and it’s home for us — we’re based in Houston. From the older neighborhoods of Houston and Dallas to the fast-moving suburbs of Austin and San Antonio, there’s no shortage of properties to buy, renovate, and resell. The hard part is funding them fast enough to win. Fix and flip loans in Texas from Tidal Loans solve that — short-term, asset-based financing that funds the purchase and the rehab based on the property’s after-repair value, not your tax returns. We’ve financed Texas flippers as a direct lender since 2016, we lend our own capital, and because Texas is our home state, we offer up to 100% financing on qualifying deals here.
A fix and flip loan is a form of hard money: the property is the collateral, and we underwrite the deal rather than your personal finances. Instead of scrutinizing your credit score, we focus on what the property will be worth after repairs. That asset-based approach is what lets us move in days instead of weeks — and in a competitive Texas market, speed is everything.
100% Fix and Flip Financing in Texas
The question we hear most from Texas flippers is whether we offer 100% financing, and as a Texas-based lender, we do on qualifying deals in our home state. We can fund 100% of the purchase and 100% of the rehab as long as the combined amount stays within our after-repair-value limits — up to 75% of ARV. When a deal fits that math, the only money you bring to closing is the closing costs, effectively a no-money-down flip. For deals above that threshold, our 100% CLTV structures let a seller or second-position lender carry the remaining equity. We walk through the full ARV math and a worked deal example on our fix and flip hub, and you can model any Texas deal with our fix and flip profit calculator.
To be clear on credit: we’re a property-first lender. We do review credit, so be cautious of anyone promising a literal “no credit check” loan, but a credit blemish that would sink a bank application usually won’t stop a Texas fix and flip deal with us.
A Real Houston Flip We Funded at 100%
Here’s a recent Houston deal that shows how the 100% structure works in the real world. Our client — a repeat borrower — found a single-family home off-market, direct-to-seller, and locked it up at $155,000 against a $200,000 as-is value. That’s the whole game in one move: he won on the buy, capturing roughly $45,000 of equity before spending a dollar on rehab.
The house had good bones and needed cosmetic work — both bathrooms, the kitchen, drywall, paint, and flooring — budgeted at $55,000. We funded the full $210,000 (the purchase and the entire rehab), so the only money he brought to the table was closing costs. With an after-repair value of $290,000 in a subdivision where comparable homes were selling in a median of 48 days, the spread and the exit both penciled before he ever closed.
| Property | Single-family residence, Houston, TX |
| Purchase price | $155,000 |
| As-is value | $200,000 |
| Rehab budget | $55,000 |
| Total project cost | $210,000 |
| Loan amount (100% of purchase + rehab) | $210,000 |
| Borrower cash at closing | Closing costs only |
| After-repair value (ARV) | $290,000 |
| Loan-to-ARV | ~72% |
That’s the point of 100% financing: it lets an investor recycle the same capital into the next deal instead of tying it up in this one. If you’ve found a Texas deal where you win on the buy, this is the structure that keeps your cash free for the next one. Every deal is underwritten on its own margin, and 100% financing is a best-case structure for qualified borrowers in our home state — but when the numbers work like they did here, it’s a powerful way to scale.
Watch a Texas Flip in Action
A Galveston power-couple took a Texas property down to the studs — a complete gut renovation — start to finish. It’s a good look at what a full-scope Texas flip really involves.
Fix and Flip Lending Across Texas's Major Markets
Every Texas market flips a little differently, and we fund deals across all of them.
Houston
Houston is our home market and the largest in Texas, with a deep supply of older homes that are ideal for fix-and-flip. Our Houston fix and flip loans fund the purchase and rehab so you can renovate and resell, or stabilize and refinance into a rental. Being based here means we understand Houston’s neighborhoods, ARVs, and renovation costs first-hand.
Dallas–Fort Worth
The DFW metroplex pairs strong population growth with high buyer demand, making it one of the most active flip markets in the country. Our Dallas fix and flip financing closes fast enough to win deals in a competitive metroplex where good properties move quickly.
Austin
Austin’s growth and high values create strong flip margins for investors who can move fast. Our Austin fix and flip loans fund quick acquisitions and renovations in a market where certainty of funding often decides the deal.
San Antonio
San Antonio’s affordability and steady demand make it a reliable flip market with accessible entry prices. Our San Antonio fix and flip financing helps investors capture and renovate deals across the area.
We also fund flips in Galveston, El Paso, Corpus Christi, and the surrounding submarkets statewide.
From Flip to Hold: the BRRRR Strategy in Texas
Not every Texas project ends in a sale. Many of our investors run the BRRRR method — buy, rehab, rent, refinance, repeat. We fund the purchase and rehab, you place a tenant, and instead of selling you refinance into a long-term Texas DSCR loan that qualifies on the rent, then pull your capital back out through a cash-out refinance. You recycle that capital into the next deal and do it again. If your project needs to bridge a timing gap before permanent financing, our Texas bridge loans cover that too.
Texas Fix and Flip Loan Parameters
Loan Details
Frequently Asked Questions
Yes — Texas is our home state, and we offer some of our strongest terms here. We can fund 100% of the purchase and 100% of the rehab as long as the combined amount stays within our after-repair-value limits. When a deal fits that math, the only cash you bring to closing is the closing costs. For deals above that threshold, our 100% CLTV structures let a seller or second lender carry the remaining equity.
ARV is the after-repair value — what the property will be worth once your renovation is complete, backed by comparable sales and an appraisal. We size your loan against it, keeping your total purchase-plus-rehab within up to 75% of ARV. The stronger the spread between your total cost and the ARV, the more leverage we can offer, up to 100% financing on qualifying Texas deals.
On a qualifying home-state deal that fits within our ARV ceiling, the only money you bring to closing is closing costs. On a recent Houston flip we funded, the client bought a single-family home for $155,000, budgeted $55,000 in rehab, and we funded the full $210,000 against a $290,000 after-repair value — so his out-of-pocket was closing costs alone. That’s what lets investors recycle their capital into the next deal instead of tying it up in this one.
There’s no hard cutoff, because the property carries most of the underwriting weight. We do review credit, and a stronger score improves your terms, but a blemish that would stop a Texas bank often won’t stop a fix and flip deal with us. We focus on the deal’s margin and your plan, which is why investors with credit challenges still get funded.
Fast. Because we underwrite the property rather than your income, there’s far less paperwork than a conventional loan, no tax returns to dig up, and no slow committee. When a deal requires it, we can close in days. In our tier 1 markets like Dallas and Austin, that speed is frequently what wins the deal over a buyer waiting on bank financing.
Yes. Many Texas investors buy and renovate with a fix and flip loan, then keep the property as a rental by refinancing into a long-term DSCR loan that qualifies on the rent. That’s the BRRRR strategy, and working with one lender across both the flip and the refinance keeps the transition fast and simple.
We lend statewide. Houston is our home market, but we actively fund fix and flip loans in Dallas, Fort Worth, Austin, San Antonio, El Paso, Corpus Christi, and the surrounding areas. Each market has its own ARVs and renovation costs, and we structure each loan to fit the property and the local market.
Ready to fund your Texas deal?
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