For a qualifying fix-and-flip deal, you may not need a separate gap loan to cover the property’s purchase price. Levine Capital can finance up to 100% of the purchase price through a single Fix & Flip loan. That is one loan for the approved structure—not a first loan plus a second gap-funding loan.
If you have been looking for a way to acquire your next investment property without piecing together separate purchase financing, this is worth a closer look. The opportunity is straightforward: bring us the property, the renovation plan, and the intended exit so we can evaluate whether the one-loan option fits.
The important distinction is what “100%” covers. This refers to purchase-price financing for qualifying scenarios. It does not automatically mean 100% of every project expense, no cash required, or guaranteed approval. Rehab proceeds, total leverage, closing costs, reserves, and final terms need their own review.
What Is Back: Up to 100% Purchase Financing in One Loan
A fix-and-flip investor’s financing problem often starts before renovation begins. You find a property with potential, negotiate the purchase, and then discover that the proposed acquisition loan leaves a purchase-price shortfall. You must either contribute more cash, change the deal, or explore another funding source.
Levine Capital’s one-loan option can address that purchase-price shortfall when the borrower and property qualify. Instead of assuming you will need a separate gap-funding arrangement, ask whether the primary Fix & Flip loan can finance up to the full purchase price.
This is not simply another name for gap funding. It is a different lending structure. The approved purchase financing is provided through the single Fix & Flip loan itself. You do not need to add a second gap loan to reach the approved purchase-price advance under that structure.
Our Fix & Flip Bridge financing page explains the current offer. The right starting point is a review of your complete scenario, not an assumption that every property qualifies for maximum financing.
One Loan Is Different From a Loan Plus Gap Funding
Gap funding addresses a financing shortfall through a separate structure. Depending on the arrangement, that can mean additional documents, repayment obligations, collateral considerations, or coordination with another source of capital. Those details matter when you compare your funding options.
With a qualifying one-loan purchase structure, the question changes. Rather than asking who will fund the purchase-price gap behind the primary loan, you are asking whether the primary loan can cover that approved acquisition amount on its own.
That can simplify the purchase-financing conversation. You can review the acquisition advance, any approved renovation component, the draw plan, and the exit within the proposed Fix & Flip financing. It does not remove title work, loan documents, underwriting, or the need to understand how funds are released.
Levine Capital also evaluates gap funding separately. The availability of that separate option does not mean it is required for the one-loan purchase-financing program. Start by asking which structure your deal actually supports.
What “100% Financing” Does—and Does Not—Mean
The percentage is only useful when you know its denominator. In this offer, “up to 100%” applies to the property’s purchase price. It is not a promise that every dollar needed to acquire, renovate, hold, and sell the property will be financed.
Your project may also involve lender fees, title and closing charges, insurance, taxes, interest, renovation expenses, and contingency funds. Which items are financed, paid at closing, or required as reserves depends on the approved transaction.
Purchase-price financing and rehab financing are related, but they are not interchangeable. A loan that covers the full approved purchase price does not automatically establish the amount of rehab proceeds or how those proceeds become available. The renovation component must be reviewed against the scope, budget, collateral, and overall leverage.
Likewise, property equity is not the same as cash in the bank. A project may have an attractive projected margin and still require accessible funds for costs or obligations that arise before sale. Ask for a clear funds-to-close calculation and a separate explanation of the liquidity or reserves required after closing.
No separate gap loan does not mean no financial responsibility. The objective is a workable loan structure supported by a workable business plan.
How Levine Capital Evaluates a Qualifying Deal
Higher purchase-price leverage is only part of the conversation. Levine Capital reviews the property and borrower together, including the acquisition price, renovation scope, investor experience, budget, available liquidity, timeline, and intended exit.
The purchase must make sense in relation to the asset and the plan. A compelling asking price is not enough if the renovation scope is incomplete or the projected resale value lacks support. Clear information helps the team distinguish a financeable opportunity from one that needs a different structure.
Two terms can help you understand the review. Loan-to-cost compares the loan amount with the eligible costs used in the underwriting calculation. After-repair value, or ARV, is the property’s estimated value after the planned improvements. A lender’s valuation and eligible-cost definitions may differ from an investor’s initial estimates.
Financing the full purchase price does not mean the loan equals the full finished property value. Purchase-price coverage, eligible project costs, and projected completed value are different measures. The total loan must still satisfy applicable underwriting requirements.
Do not rely on an old credit-score chart or a leverage percentage from another loan program to decide whether you qualify. Ask Levine Capital to review the current requirements for your particular property and borrower profile.
Plan the Renovation Funding Before Work Starts
Acquisition funding gets you into the property. Your renovation plan determines what happens next. Before committing to contractors or material orders, understand the amount of approved rehab proceeds and the conditions for accessing them.
If renovation funds are held back and released through draws, the total approved budget is not necessarily cash available on day one. Confirm whether the structure reimburses completed work, permits advances, or uses another documented funding approach. Inspection and documentation requirements should be understood before you schedule work.
Your contractor’s payment schedule also matters. Deposits and material purchases may come due before the next eligible draw. Build your operating plan around the actual loan terms rather than assuming purchase-price financing solves every renovation cash-flow need.
Include room for changes in scope and unexpected repairs. Maximum acquisition leverage does not make a tight renovation budget safer. A realistic scope and a clear draw plan help you evaluate whether the project remains workable when execution does not go exactly as planned.
Keep the Exit Strategy in View
A fix-and-flip loan is short-term investment financing. Your plan for repayment deserves attention at the beginning, not only when the renovation is nearly complete.
For a resale strategy, review how you reached your anticipated sale price, how long the work should take, and what happens if marketing takes longer than expected. Consider carrying costs and selling expenses when estimating your project margin. A strong renovation outcome does not guarantee a particular sale price or sale date.
For a Fix2Rent strategy, the objective is to renovate, stabilize the property, and evaluate a longer-term rental financing path. Levine Capital offers a DSCR rental financing conversation for investors considering that exit. The future refinance is a separate underwriting decision, not an automatic extension of the acquisition loan.
Your preferred exit and your backup plan should both be realistic. More purchase financing can reduce the acquisition cash contribution, but it also means repayment planning remains central to the investment.
AI Tech-Enabled Lending With Human Accountability
Levine Capital is an AI tech-enabled lender focused on VIP clients. Our approach combines technology-supported organization with human review of the property, borrower, and financing structure.
For an investor, the value of technology is practical: a more organized lending conversation, clearer scenario information, and support for the team evaluating the deal. AI does not replace the judgment required to assess collateral, verify documents, or approve loan terms.
VIP service means attentive, coordinated support. It does not mean automatic approval, waived requirements, or a guaranteed funding date. We want to understand the business plan and help identify a financing path that fits it.
Choose your lender based on the actual offer, the proposed documents, and the quality of the lending conversation. For this program, the concrete opportunity is up to 100% purchase-price financing through one qualifying Fix & Flip loan.
What to Send for Your Initial Review
You do not need to build a presentation before starting the conversation. You do need to explain the opportunity accurately. Useful information includes:
- The property address and purchase price or proposed acquisition terms.
- The renovation budget, scope of work, and expected project timeline.
- Your estimated completed value and the basis for that estimate.
- Your investment experience, borrower or entity information, and available liquidity.
- Your intended resale or rental exit and any material property or timing concerns.
If some information is preliminary, label it that way. A purchase price under negotiation is different from a signed contract. An estimated renovation budget is different from a reviewed contractor scope. Clear assumptions help the team ask the right follow-up questions.
In your submission, tell us that you want the one-loan, up-to-100% purchase-financing option reviewed. That keeps the initial request distinct from an application for a separate gap-funding structure.
Frequently Asked Questions
Can Levine Capital finance the entire purchase price?
For qualifying borrowers and properties, Levine Capital can finance up to 100% of the purchase price through a single Fix & Flip loan. The complete scenario must meet underwriting requirements and the final loan documents govern the transaction.
Do I need a separate gap loan?
Not for the approved purchase-price financing under the qualifying one-loan structure. If your deal does not qualify for that structure, a different financing approach may be needed. Do not assume a separate funding source is approved or necessary before the scenario is reviewed.
Does this automatically include 100% of the rehab budget?
No. The current one-loan offer confirms up to 100% purchase-price financing. Rehab proceeds and their release structure require separate review within the proposed financing. Confirm the approved amount and draw conditions in writing.
Does 100% purchase financing mean zero cash required?
No. Closing costs, reserves, carrying costs, and other project expenses may still require your own funds. Request an itemized explanation of cash due at closing and the funds you need to retain afterward.
Is the program available for a home I will occupy?
No. Levine Capital’s investment-property loans are for non-owner-occupied properties. Property eligibility and other program restrictions apply.
Optional Affiliate Resources for Fix & Flip Investors
Affiliate disclosure: Levine Capital may earn a commission if you sign up or make a purchase through the links in this section. These are optional third-party resources, not requirements for financing or a way to obtain loan approval.
Your loan structure is one part of the project. If you are also evaluating tools for finding properties, reviewing a deal, or identifying potential investor buyers, these resources from Levine Capital’s affiliate directory may be useful.
- Deal Sauce: Explore a deal-analysis tool for evaluating real estate investment strategies. Use your own verified costs, comparable sales, and exit assumptions; a software estimate does not replace underwriting. Explore Deal Sauce.
- DealMachine: Explore property-search and owner-contact tools for sourcing off-market opportunities and organizing seller outreach. Explore DealMachine through Levine Capital’s partner link.
- InvestorBase: Explore tools for identifying potential investor buyers when your disposition plan includes an investor sale. It is not a guarantee of a buyer or a substitute for a realistic resale plan. Explore InvestorBase.
Review each provider’s current pricing, eligibility, cancellation terms, and offer details before signing up. For more resources, visit Levine Capital’s Affiliate Partners page. Any financing request should still start with Levine Capital’s Quick Quote process below.
Bring Us the Deal—Not an Assumed Gap
If a separate purchase-price funding gap has been holding you back, ask Levine Capital to review the one-loan option first. For a qualifying scenario, up to 100% of the purchase price can be financed through one Fix & Flip loan, without adding a separate gap loan for that approved acquisition financing.
Get a Free Quote in 60 Seconds
Start with the existing Quick Quote form and share the property, renovation budget, and exit plan. The quote request starts a review; it is not a loan approval or a guarantee of a completed quote or funding within 60 seconds. You can also call Levine Capital at (772) 732-0757 to discuss your financing needs.
For educational purposes only. Loan availability, purchase and rehab proceeds, total leverage, rates, fees, reserves, timing, draw structures, and eligibility depend on the complete scenario, applicable program restrictions, underwriting, and final loan documents. Up to 100% purchase-price financing is available only for qualifying scenarios and is not a commitment to lend. All loans are for non-owner-occupied investment properties.
