Long Hall Financial
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Fix & Flip estimator

Free. No sign-up. An estimate, not an offer.

Leverage shows as soon as your deal, credit score and track record are in. The rate stays blank until you add your own, so nothing here is a quote.

Property
Two quick checks
Is the borrower an LLC or corporation?

These are business-purpose loans to LLCs and corporations.

Will anyone in the borrowing group live in the property?

The property needs to be an investment property no one in the borrowing group will live in.

Units
Is it rural?

Underwriting makes the final call using Census data.

Is the lot over 5 acres?
The deal
What are you doing?

A delayed purchase is a property you bought within the last 6 months, with no loan on it.

Optional. Left blank, it is the purchase price.

Buying an assigned contract? Include the wholesaler fee in the purchase price too.

The project includes
Did the property sell in the last 3 years?

The standard term is 12 months. Longer holds may need an extension.

You

Your middle score, as best you know it. Tap a range if you're not sure.

Credit score shortcuts
Refine your numberNo older projects · No license · Same market · Arm's-length purchase · Edit

Optional. Each answer starts at the default shown and adjusts the estimate as you go.

Every 2 count as one recent project.

Do you hold a real-estate agent, broker or general contractor license?

A license moves you up 1 experience tier, to at least tier 2.

Is this your first project in this metro?

With no finished projects yet, the property needs to be in the market where you live.

Buying from your own company, a relative or a partner?

An entity-to-entity or non-arm's-length purchase.

Refine your reserveNone of these · Edit
These set the months of interest you prepay at closing; they never change your leverage.
Bankruptcy or foreclosure in the last 7 years
A mortgage payment 30+ days late in the last 12 months
Fewer than 5 accounts on your credit report
Pricing

Your rate and points come from a personalized quote. Try your own here; they stay blank until you do.

From 6% to 15%

From 0% to 5% of the loan

Leave blank to use the estimate's figure.

$300 a draw on one or two units, wire included; more on three or more units.

Share of the rehab budget funded through draws. One documented loan funded 83.25%.

Closing and sale costsExamples, edit to match your deal · Edit
Examples, edit to match your deal.

Enter your state's rate.

Optional.

Enter your state's rate.

Enter your state's rate.

A share of the after-repair value.

Paid out of pocket.

Left blank, it is the after-repair value.

Scope of workOptional · Edit

Itemize these to check them against the rehab budget.

Permits, plans and fees inside the rehab budget.

Total loan

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