Business-purpose real estate · Planning tool

Plan the financing.
Know what to prepare.

A fix-and-flip project starts with more than a purchase price. Organize your renovation budget, compare your requested financing with your project costs, and get a checklist for a more productive lending conversation.

Free to use · No email needed for results · No automated credit decision

Build your project snapshot

No email needed to calculate. Enter your own estimates in USD; no sample numbers or assumed lending limits are used. Include known closing, holding, financing and selling costs in “Other project costs.” Use 0 if unknown; missing costs make the budget incomplete.

Purchase price · USDRenovation budget · USDOther project costs entered · USDRequested loan amount · USDCash available for this project · USDEstimated after-repair value (optional) · USD

Planned exitTarget financing timeline

This is a business-purpose investment project, not my personal residence.I have an itemized renovation budget and scope.I have comparable sales or other evidence for my value estimate.

What belongs in the project budget?

Start with the purchase price and a line-item renovation scope. Add the costs you know: closing costs, permits, insurance, taxes, utilities, financing costs, contingency and selling costs. If you do not know a cost, your worksheet remains incomplete—zero does not mean the expense disappears.

Loan-to-cost is not loan approval

This worksheet divides your requested loan by the budget you entered. It also compares the request with your after-repair value, if provided. Neither ratio is a lending limit. Property eligibility, valuation, project scope, experience and the financing structure still require review.

Cash needs depend on timing

The budget gap is a simple subtraction, not a closing statement. A renovation loan may release funds through draws rather than all at once. Fees, interest, reserves and expenses paid before reimbursement can require additional cash.

Prepare your exit and evidence

Bring your purchase contract or acquisition details, renovation scope, comparable sales, available funds and target timeline to the discussion. For a refinance exit, consider whether the completed property and rental plan support the intended take-out financing. No exit or refinance is guaranteed.