Direct private lender ยท Birmingham
Fix and flip loans in Birmingham
Work your way up to 100% financing.
Start at 5% down on your first three deals, then unlock up to 100% financing, including closing costs, after 3 successful flips. Renovation financed 100% from day one, with closings in as few as 2 to 3 business days.
Investing in Birmingham
Birmingham gives investors a wide gap between entry prices and resale values, with a stable, UAB-anchored economy that keeps rental demand steady for BRRRR exits. Most single-family deals here fall under our $400k desktop valuation threshold, which means faster closings.
The InvestAway difference
Why investors work with us
Start at 5% down, work up to 100% financing.
Your first three deals need just 5% of the purchase price. After 3 successful flips, qualified borrowers can finance up to 100%, including closing costs.
100% of renovation costs financed.
Your rehab budget is covered, drawn as you complete the work.
No monthly payments out of pocket.
Choose the interest reserve and interest draws from the loan balance, not your bank account.
Closings in as few as 2 to 3 business days.
Decisions are made in-house. No loan committee, no surprises the week of closing.
Certainty you can negotiate on.
When we commit to a closing date, it closes. Use that to press sellers and set contractor timelines.
No third-party appraisal under $400k.
We do our own desktop valuation internally, so you are not waiting on an appraiser.
No junk fees.
Rates and fees are disclosed upfront, and interest is charged only on the funds you have actually drawn.
Deals other lenders pass on.
Rural and FEMA flood zone properties, and no minimum loan size. If the deal works, we fund it.
Loan program
What we fund
Purchase plus renovation loans (fix and flip) on single-family and multifamily properties up to 4 units, including rural and FEMA flood zone properties. First-position loans only, investment properties only, business entities only.
Closed and funded
Recent funded deal
Property type
Single-family, 3 bed / 1 bath
Location
2601 Avenue C, Birmingham, AL
Loan amount
$110,000
Timeline
Closed 5 business days after the application
What made it notable
One loan financed the purchase and renovation of two Birmingham houses: this one and a second single-family home.
FAQ
Fix and flip loan questions
Do you lend on fix and flip deals in Birmingham?
Yes. We fund purchase plus renovation loans on investment property in Birmingham, including single-family and multifamily up to 4 units, plus rural and FEMA flood zone properties.
How much do I need to put down?
On your first three deals, 5% of the contract purchase price, and we finance 100% of your renovation. After 3 successful flips, qualified borrowers can move to as little as 0% down, up to 100% financing including closing costs.
Do I have to make monthly payments?
Not out of pocket if you choose the interest reserve option. Your interest draws from the loan balance so your cash stays in the deal. A monthly payment option is also available.
How fast can you close?
As few as 2 to 3 business days when your file is complete, the loan is under $400k, and title is ready. Decisions are made in-house with no loan committee.
How much can I borrow?
Your total loan can be up to 75% of our underwritten after-repair value (ARV).
Do I need an appraisal?
Not for loans under $400k. We complete our own desktop valuation internally at no extra cost and with no waiting. Loans of $400k or more require a third-party appraisal.
What do rates and fees look like?
Rates start at 11.5% annualized and origination starts at 2 points, all disclosed upfront with no junk fees. Interest is charged only on the funds you have drawn.
Do I need an LLC?
Yes. We lend to business entities only, such as an LLC or corporation, not to individuals. The property cannot have been titled in your personal name.
What happens after a few deals with you?
After 3 successful flips your rate drops 1%, and qualified deals can reach up to 100% financing, including closing costs, in some cases as little as 0% down.
Talk to a loan specialist
Tell us about your deal and we will get back to you fast.