Fix and Flip Loans in Thurston County Washington
Whether you’re renovating a single-family home in Olympia or upgrading a multifamily unit in Lacey, LoiNow offers asset-based fix and flip loans designed for Washington’s real estate investors.
What Is a Fix and Flip Loan?
A fix and flip loan is short-term financing designed for real estate investors purchasing, renovating, and reselling properties for profit.
LoiNow’s fix and flip loans are ideal for:
- Investors buying distressed or outdated properties
- Builders renovating homes for resale or refinance
- Brokers funding quick acquisitions for clients
Unlike traditional banks, we fund based on the property’s potential value (ARV) — not credit or tax returns.
How to Qualify?
- Purchase contract or owned property
- Defined exit strategy (sale or refinance)
- Project scope and budget
- Entity or LLC ownership
- No credit minimum
- Fast underwriting
- Same-day pre-approval
Property Types Eligible
- Single-family homes
- Duplexes, triplexes, fourplexes
- Small multifamily properties
- Condos and townhomes
- Mixed-use or light commercial assets
Local Market Insights
Market Advantages:
- Olympia’s stable job market supports strong resale values.
- Lacey and Tumwater show consistent buyer demand for renovated homes.
- Local permitting is efficient, allowing for fast project turnover.
- Inventory remains low, creating high ROI potential for flippers.
How the Process Works
Submit your deal through our online form.
Receive a term sheet within 24 hours.
Close in as few as 5 business days.
Rehab with flexible draw schedules.
Sell or refinance upon completion.
Benefits over Traditional Banking
Approval Time (24–48 hours)
Collateral Asset-based
Funding Timeline (5–10 days)
Credit Score Not Required
Rehab Costs Included in draws
Why Investors Choose LoiNow
Experience That Builds Confidence: LoiNow has funded 1,000+ investment projects across Washington, from small rehabs to multi-property flips. Our deep experience ensures your project is financed and finished on time.
Local Expertise: We know Thurston County — from Olympia’s historic neighborhoods to Lacey’s suburban opportunities. Our familiarity with local market dynamics, permitting timelines, and after-repair values helps streamline every deal.
Transparent Process: You’ll always know your costs, draw schedule, and funding timeline upfront.
Program Highlights:
- Loan Amounts: $75K – $10M+
- Term Length: 6–18 months (interest-only)
- LTV: Up to 75% of ARV
- Close in as little as 5 business days
- No income or employment verification
- Experienced and first-time investors welcome
FAQs
Most loans close within 5–10 business days after pre-approval.
Yes — renovation budgets are built into your draw schedule.
No, we lend based on asset value and ARV, not income.