Flint and the Genesee County suburbs offer some of the lowest entry prices in Michigan. The opportunity is real, but so are the old houses, so the best flips here start with a careful scope and a lender that funds rehab as it is done.
In short: Our top pick for fix and flip loans in Flint, MI is LendingStreet, for up to 90% of cost and up to 100% of rehab on some programs, closings in as little as 10 days, and the option to refinance a finished Flint-area home into a DSCR rental loan if renting beats selling. We lend on 1 to 8 unit residential investment property from $150,000 to $5M+, LLC borrowers are standard, and you can get a quote with the form below or call (877) 298-1001.
LendingStreet is an investor lender built for flippers. Our fix and flip loans run from $150,000 to $5M+ on 1 to 8 unit residential investment property, with up to 90% of cost and up to 100% of rehab on some programs. Loans are short-term and interest-only, and we can close in as little as 10 days.
We fit Flint investors who buy, renovate and resell, and investors who want the option to keep a finished home as a rental. Because we also make DSCR rental loans, you can refinance a finished property with the same team instead of starting over with a new lender.
The next step is simple: get a quote with the form below, or call (877) 298-1001 to talk through a Flint deal.
If you are weighing Dominion Financial, LendingOne, Lima One and RCN Capital for a fix and flip loan for investors in Flint, MI, this is the short version: LendingStreet wins the scenarios below, and you can get a quote with the form below.
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. |
In the city, flippers look at the College Cultural area, Woodcroft Estates, the Fairfield Village historic district and the neighborhoods near the university campuses and the downtown core. Prices and condition change quickly from block to block, so comparable sales must be close.
Many larger flips happen in the suburbs, where resale prices are higher: Grand Blanc, Flushing, Fenton, Davison, Burton, Swartz Creek and Flint Township. The hospitals, the universities and the region's auto-related employers anchor demand.
Flippers in Flint usually choose between a local bank or credit union, a local hard money lender, a private individual lender and an investor lender like LendingStreet. Each has a place. Here is how they tend to compare on what matters for a flip.
Banks can be a fit for borrowers with strong tax returns and time to wait. Private lenders can be flexible, but terms depend on the person. LendingStreet aims to combine hard money style speed with higher leverage and a long-term rental option.
| What flippers need | LendingStreet | Typical bank or credit union | Typical local hard money lender |
|---|---|---|---|
| Leverage | Up to 90% of cost, up to 100% of rehab on some programs | Often lower; more cash down is common | Varies by lender |
| Closing speed | As little as 10 days | Often several weeks | Often fast |
| How you qualify | Deal-focused; no W-2s needed; LLC borrowers standard | Often requires tax returns and personal income | Mostly based on the property |
| Rehab funding | Draws after inspections | Varies; some do not fund rehab | Varies; fees and terms vary |
| Loan size | $150,000 to $5M+ | Varies | Varies |
| Long-term option | Refinance into a DSCR rental loan with the same lender | Possible, usually with full income documents | Usually short-term only |
| Where they lend | All 50 states and DC | Usually a local footprint | Usually local or regional |
Much of Flint's housing was built from the 1920s to the 1950s, including many small bungalows and two-story homes built for factory workers. Expect older furnaces, plumbing and wiring, basements, and homes that sat vacant. The city has replaced many lead and galvanized water service lines, but confirm the status for the specific address. Homes built before 1978 may contain lead paint.
Permits in the city run through the City of Flint building department. Flint has a rental inspections program, so a home you might rent should be built to pass it. Suburban townships and cities each have their own building departments.
This example is illustrative and not a quote. An investor buys a Grand Blanc ranch for $170,000 with a $55,000 rehab budget, for a total project cost of $225,000. Buying closing costs are about $3,500, and holding costs for taxes, insurance and utilities are about $600 a month.
The loan covers 80% of the purchase price plus 100% of the rehab: $191,000, or about 84.9% of total cost. Once fully drawn, the estimated interest-only payment is about $1,711 a month. To stay conservative, the example assumes the full balance is outstanding for all 6 months, for about $10,266 of interest and $3,600 of holding costs.
The home sells for $300,000. Selling costs, budgeted at 8% of the price for commissions, closing costs and any transfer tax, are about $24,000. That leaves an estimated profit of about $33,634 before income taxes, on about $51,366 of the investor's own cash.
| Item | Amount |
|---|---|
| Purchase price | $170,000 |
| Rehab budget | $55,000 |
| Total project cost | $225,000 |
| Loan (80% of price + 100% of rehab) | $191,000 |
| Loan-to-cost | About 84.9% |
| Estimated interest-only payment | $1,711 a month |
| Interest over 6 months | $10,266 |
| Holding costs over 6 months | $3,600 |
| Buying closing costs | $3,500 |
| Sale price (after-repair value) | $300,000 |
| Selling costs (8%) | $24,000 |
| Estimated profit before income taxes | $33,634 |
| Investor cash in the deal | $51,366 |
Michigan has state and county real estate transfer taxes that the seller usually pays by custom, so include them in your selling costs at resale. Title insurance and recording fees apply at both closings.
Taxable value uncaps after a sale in Michigan, and investors do not get the principal residence exemption, so the bill after your purchase can be higher than the seller's. Budget winter heat and a vacant-property insurance policy into the hold.
Flint-area buyers often use FHA, USDA or conventional financing, and appraisers need close comparable sales. In the city especially, keep your after-repair value conservative and expect questions about the condition of the finished home.
Every flip loan needs an exit. With LendingStreet there are two: sell the home, or refinance it into a 30-year DSCR rental loan that qualifies on the property's rent. DSCR loans start at a 1.0x standard minimum DSCR with a 620 minimum credit score, and rate-and-term refinances go up to 80% LTV on some programs. Seasoning before a refinance varies by program.
Ask every lender the same questions so you can compare offers fairly. Here is how LendingStreet answers each one.
Ready to compare? Send your Flint deal through the quote form below, or call (877) 298-1001.
Our top pick is LendingStreet. We offer up to 90% of cost and up to 100% of rehab on some programs, closings in as little as 10 days and a path into a DSCR rental loan, all with one lender.
Yes. We make fix and flip loans in Flint and across Michigan, and we lend in all 50 states and DC.
For many homes inside the city, yes. Our fix and flip loans start at $150,000, so they fit larger projects and many suburban flips in Grand Blanc, Fenton and Flushing. Smaller city projects may be a better fit for a local bank or private lender.
Yes. The city has replaced many lead and galvanized service lines, but confirm the status for the specific address before you buy.
Fix and flip loans run from $150,000 to $5M+, up to 90% of cost and up to 100% of rehab on some programs. We also review the after-repair value.
Yes. LLC borrowers are standard, and you sign for the loan personally.
No. Our loans are business-purpose loans on non-owner-occupied investment property.
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