Fix to Rent Loans
The BRRRR Strategy, Financed.
Short-term rehab financing that transitions into long-term rental financing. One advisor. Both phases.
Up to 90% of purchase, 100% of rehab costs
Build and scale your portfolio without tying up capital
First time and experienced investors eligible
No income documentation required
What Is a Fix to Rent Loan?
A Fix to Rent loan is two loans working as one strategy. The first is a short-term rehab loan that finances the purchase and renovation. The second is a 30-year DSCR rental loan that replaces it once the property is stabilized and rented.
This is the financing backbone of the BRRRR strategy. Instead of tying up all your capital in one property, you rehab it, refinance it, and pull your equity back out to fund the next deal.
Qualification is based on the property and your credit profile, not your tax returns or personal income. First time and experienced investors are both eligible. Loans close in the name of an LLC, corporation, trust, or individual.
Up to 90% on purchase & 100% of rehab costs
Up to 90% LTC, max 75% ARV
12-18 month interest only term
Free appraisal & discounted fees on DSCR refinance
Fast closing - fund in 5-7 days after appraisal
No prepayment penalty
Execute Every Step of the BRRRR Strategy
B
Buy
Acquire below market
with up to 90% LTC
financing
R
Rehab
Fund renovations — up
to 100% of rehab
budget
R
Rent
Stabilize with tenants before refinancing
R
Refinance
Transition to 30-yr DSCR with free appraisal and discounted fees
R
Repeat
Recycle your equity and
fund the next deal
What is the BRRRR strategy
Buy, Rehab, Rent, Refinance, Repeat. Acquire a distressed property, renovate it, rent it out, refinance into a long-term rental loan, then recycle your equity into the next deal.
Do I need experience to qualify?
No. First time investors can qualify. Experience affects your terms — more experience means higher LTC and potentially lower cost. First timers may need a larger down payment. We're here to help you get started.
How quickly can I close?
Once the appraisal is complete we can typically fund within 5-7 days.
How do rehab draws work?
Renovation funds are held in escrow and released in stages as work is completed and verified. You submit a draw request, an inspector confirms completion, and funds are reimbursed upon approval.
What happens after the rehab is complete?
Once renovated and rented, you transition into a 30-year DSCR loan. We provide a free appraisal and discounted fees on the refinance. DSCR rates are significantly lower than short-term rehab rates — and now you're building a portfolio of income-producing properties with growing monthly cash flow.
What property types are eligible?
Single-family homes, condos, townhomes, and 2-10 unit non-owner-occupied residential investment properties. Contact us for larger multifamily options.
Ready to start your next BRRRR project?
NEXA Lending LLC | Corporate NMLS #1660690 | AZBK #2006218
5559 S Sossaman Rd, Bldg 1 Ste 101, Mesa, AZ 85212
Bradley Spies | NMLS #2094404
Equal Housing Lender
NEXAMortgage.com | NMLS Consumer Access Link:
NEXA Lending LLC is an Equal Housing Lender
Disclaimer (Website Use / Tax & Legal Guidance)
The information provided on this website is for general educational purposes only and should not be construed as tax or legal advice. NEXA Lending LLC and its loan officers do not provide tax, legal, or accounting services. Investors should consult with their own independent tax advisor, CPA, and/or attorney regarding how a 1031 exchange or any loan product applies to their specific circumstances. All financing is subject to credit approval, program guidelines, and applicable federal and state regulations. All loan programs here are considered Business Purpose Loans.