Choose a fix and flip loan option that’s right for you.
- Interest Rate: 10.9%-11.4%
- No appraisal
- No prepayment penalty
- Close as fast as 2 days
- Interest Rate: 9.25%-10.9%
- No appraisal
- No prepayment penalty
- Close as fast as 10 days
- Interest Rate: 12.5%-13%
- No appraisal
- Prepayment penalty varies
- Close as fast as 2 days
Fix and Flip Loan Terms
Here are the loan terms for fix and flip loans in Georgia. Qualify based on the after-repair value, not personal income.
| Loan to purchase | Up to 90% LTC |
| Rehab financing | Up to 100% |
| After-repair value | Up to 75% ARV |
| Loan amount | Minimum $75,000 |
| Interest rate | Start at 9.25% |
| Credit score | Minimum 660 |
| Loan terms | 6, 12, 18 and 24 months |
Speak with a Fix & Flip Loan Advisor
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- Compare loan options
- Get proof of funds today
- See how much you qualify for
Georgia Fix and Flip Loan Requirements
These are the minimum fix and flip loan requirements for Georgia investors.
Minimum Credit Score
There is no minimum credit score to get approved for a Georgia fix and flip loan. However, higher credit scores typically come with the lowest origination fees.
Minimum Loan Amount
The minimum loan amount is $75,000.
Business Entity Required
Since these are business loans, a legally registered business is required to get approved for fix and flip funding. You can file for a new LLC in the state of Georgia and get approved in 2-5 business days.
Flipping Experience
No previous experience is required to get a loan for flipping houses in Georgia. However, it will help reduce your financing costs.
Speak with a Georgia Loan Specialist
Is Georgia good for house flipping?
Georgia’s thriving economy, strong housing market and a large inventory of distressed housing makes it an ideal state to flip homes. Top cities such as Atlanta offer great investing opportunities for flippers.
There are lots of foreclosures and lower-end properties that are in need of renovations. Georgia’s lower home prices compared to the national average reduce barriers for entry, making it attractive for new investors. It’s also widely considered a landlord-friendly state.
Best cities to fix and flip in Georgia
The “Peach State” is widely considered a landlord-friendly state. To find the areas that are more financially worth it, we analyzed Georgia real estate market data, real estate agency opinions and reviewed many investment property forums.
After weeks of research, here are the best cities in Georgia for house flipping.
Atlanta
Average home value: $386,122
Sold over list price: 22.6%
Median days to pending: 34
Savannah
Average home value: $302,542
Sold over list price: 35.8%
Median days to pending: 24
Augusta
Average home value: $165,169
Sold over list price: 23.5%
Median days to pending: 23
Columbus
Average home value: $151,426
Sold over list price: 27%
Median days to pending: 13
Athens
Average home value: $302,946
Sold over list price: 25.3%
Median days to pending: 18
Macon
Average home value: $156,328
Sold over list price: 20.7%
Median days to pending: 21
Data Updated: February 7, 2024