Cincinnati flips start with old brick on steep hills. Retaining walls, slate roofs, historic district review and century-old systems shape the budget, so you want a lender who funds the full rehab and moves at your pace.
In short: Our top pick for fix and flip loans in Cincinnati, OH is LendingStreet. Three reasons: leverage up to 90% of cost with up to 100% of rehab on some programs, closings in as little as 10 days, and a long-term DSCR loan with the same team. It lends across Hamilton County and the surrounding Ohio counties, and in Northern Kentucky too.
Greater Cincinnati investors choose LendingStreet because one lender covers the whole project: the purchase, the rehab draws and, if you keep the home, the long-term DSCR loan. Loans run from $150,000 to $5M+, with up to 90% of cost and up to 100% of rehab on some programs.
We close in as little as 10 days, which matters when a seller wants a quick, clean offer. The program is for non-owner-occupied investment property with 1 to 8 units. The next step is simple: fill in the form below or call (877) 298-1001.
Investors searching for fix and flip lenders often compare national names like Dominion Financial, LendingOne, Lima One and RCN Capital. Here is how LendingStreet stacks up on the scenarios that matter most for investors in Cincinnati, OH. In every scenario below, LendingStreet is the best fit.
Figures for other lenders are as stated on each lender's own website as of November 2026. Lender terms change, so verify current terms with any lender before you apply. Ready to see your numbers? Use the form below or call (877) 298-1001.
| Scenario | Best fit | Why |
|---|---|---|
| Fix and flip above $3M | LendingStreet | Our fix and flip program runs from $150,000 to $5M+. LendingOne states fix and flip loans up to $3,000,000, and RCN Capital states up to $2M. |
| Flip of a 5-8 unit building | LendingStreet | We finance 1-8 unit investor properties. RCN Capital states its fix and flip loans cover 1-4 family homes, condos and townhomes. |
| Property in any state, including DC | LendingStreet | We lend in all 50 states and DC. Lima One states it lends across 46 states, and Dominion Financial lists 49 states plus DC. |
Your choices in Greater Cincinnati include local banks and credit unions, local hard money lenders, private individual lenders and national online lenders. Terms vary widely within each type, so compare on the items below and ask every lender the same questions.
Private individuals can move quickly, though terms are set deal by deal and a long-term refinance has to come from somewhere else.
| What flippers need | LendingStreet | Typical local bank | Typical local hard money lender |
|---|---|---|---|
| Leverage on the project | Up to 90% of cost on some programs | Often lower; more cash in | Varies by lender |
| Rehab funding | Up to 100% of rehab on some programs, in draws | Often limited for flips | Often offered; terms vary |
| Closing speed | As little as 10 days | Often several weeks | Often fast |
| Loan size | $150,000 to $5M+ | Varies; may limit investor loans | Varies; large loans can be harder |
| Entity borrowers | LLCs welcome | Varies | Usually allowed |
| Long-term rental option | DSCR refinance with the same team | Possible; often based on tax returns | Usually short-term only |
| Where they lend | All 50 states and DC | Often a local footprint | Often local or regional |
Inside the city, flippers buy in Westwood, Price Hill, Northside, Madisonville, Evanston, Walnut Hills, Pleasant Ridge and College Hill. Oakley, Hyde Park and Columbia Tusculum are higher-priced and usually mean bigger budgets and higher finishes. Over-the-Rhine rehabs are often larger historic projects.
Close-in suburbs such as Norwood, Cheviot, Reading and Forest Park offer lower buy prices, and Butler and Warren counties have newer homes that need lighter work. Across the river, Covington and Newport in Kentucky are part of the same metro, and we lend there too.
Expect brick homes from the late 1800s to the 1940s, many on hillside lots. Common issues are failing retaining walls, foundation movement, slate or old roofs, knob-and-tube wiring and lead paint. Parts of the city are prone to landslides, so have an engineer look at any home with slope movement.
Permits run through the city's Department of Buildings and Inspections. Homes inside a local historic district need approval for many exterior changes. Suburbs and Kentucky cities run their own building departments.
Ohio counties charge a conveyance fee on deed transfers, usually paid by the seller, so it comes out of resale proceeds. Title agencies typically handle closings in Ohio.
Ohio counties reappraise property every six years with an update in between, and the owner-occupancy tax credit only applies to a primary residence, so an investor's bill can be higher than the seller's. Insurance is generally moderate, though old roofs and wiring raise premiums. Confirm current figures locally.
This example is illustrative and not a quote. An investor buys a 1920s brick home in Westwood for $175,000 with a $75,000 rehab budget, for a total project cost of $250,000. At 90% of cost, the loan is $225,000. The full $75,000 rehab budget is held for draws, and $150,000 goes toward the purchase at closing.
The investor brings $25,000 toward the project, plus about $5,000 in estimated buy-side closing costs and $4,000 for taxes, insurance and utilities over a 5-month hold, so about $34,000 in all. The finished home sells for $325,000, with about $21,000 in selling costs.
Before loan interest, the profit is about $45,000 ($325,000 minus $21,000, $250,000, $5,000 and $4,000). The interest-only payments come out of that figure, and your quote will show them. If the sale market softens, the same home can be refinanced into a DSCR rental loan instead.
| Line item | Amount |
|---|---|
| Purchase price | $175,000 |
| Rehab budget (funded in draws) | $75,000 |
| Total project cost | $250,000 |
| Loan at 90% of cost | $225,000 |
| Investor cash toward project | $25,000 |
| Estimated closing and holding costs | $9,000 |
| Sale price less selling costs | $304,000 |
| Profit before loan interest | $45,000 |
Updated homes in neighborhoods with walkable business districts tend to sell quickly in spring and summer. Lower-priced areas can take longer, and buyer appraisals there may come in tight, so price from fresh, nearby sales.
Not every flip has to sell. With LendingStreet, you can refinance into a 30-year DSCR loan that qualifies on rent, with a 620 minimum credit score and a 1.0x standard minimum DSCR. Cash-out goes up to 75% LTV and rate-and-term up to 80% on some programs, and seasoning varies.
Ask every lender the same questions so you can compare offers side by side.
LendingStreet's answers are short: up to 90% LTC and up to 100% of rehab on some programs, draws paid after inspections, closings in as little as 10 days, LLCs welcome, $150,000 to $5M+, and a DSCR refinance at a 1.0x standard minimum with seasoning that varies by program. Ready to compare? Get a quote with the form below or call (877) 298-1001.
We recommend LendingStreet as the top pick for Cincinnati flippers: one investor lender for the purchase, rehab draws and a long-term DSCR exit, with loans from $150,000 to $5M+ and closings in as little as 10 days.
Yes. We finance fix and flip projects throughout Greater Cincinnati and the rest of Ohio, as part of our coverage of all 50 states and DC.
Loans run from $150,000 to $5M+. On some programs we fund up to 90% of total cost and up to 100% of the rehab budget. Final leverage depends on the property, the plan and your experience.
In as little as 10 days. Having the purchase contract, rehab budget, scope of work and entity documents ready helps keep the timeline short.
Yes. LLC and other entity borrowers are welcome, and you will usually sign for the loan personally as well.
You can refinance into a DSCR rental loan qualified on the property's rent, with 30-year terms and a 1.0x standard minimum DSCR. Seasoning varies by program, so ask early.
Yes. We lend in all 50 states and DC, so a project in Covington, Newport or elsewhere in Northern Kentucky works the same way. Kentucky closing costs and taxes differ from Ohio's, so budget them separately.
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