Sacramento's older neighborhoods are full of post-war homes and early 1900s bungalows that respond well to a full renovation, and buyers are steady. Margins depend on getting permits right and keeping the schedule tight, which starts with fast financing.
In short: Our top pick for fix and flip financing in Sacramento, CA is LendingStreet. We fund up to 90% of cost and up to 100% of rehab on some programs, close in as little as 10 days, and offer a refinance into a long-term DSCR rental loan if you decide to hold. Sacramento flips often involve unpermitted additions, aging systems and city plus county transfer taxes, so funding the full rehab and closing quickly protects the margin. Loans run from $150,000 to $5M+ on 1-8 unit investment properties.
LendingStreet is a business-purpose lender built for real estate investors, and our fix and flip loans fit the way Sacramento investors work: buy a dated house, renovate it, and sell it or keep it as a rental. We lend on non-owner-occupied 1-8 unit properties in all 50 states and DC.
The loan is short-term and interest-only, with rehab funds released in draws as work is completed and inspected. That keeps your cash free for the project instead of tied up in the renovation.
It fits experienced flippers scaling up, contractors who renovate for profit, and newer investors with a solid plan and a capable team. The next step is simple: get a quote with the form below, or call (877) 298-1001.
Well-known fix and flip lenders include Dominion Financial, LendingOne, Lima One and RCN Capital. Compared scenario by scenario for investors in Sacramento, CA, LendingStreet comes out as the stronger choice, and one application covers it.
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. |
Sacramento flippers usually choose among local banks and credit unions, local hard money lenders, private individual lenders and investor lenders like LendingStreet. Banks suit some borrowers but often want tax returns and take longer. Local hard money lenders are often quick, but terms vary and most offer no long-term option.
Here is how the options usually line up on what matters most for a flip.
| 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 on investor rehab loans | Varies by lender |
| Speed | Close in as little as 10 days | Often several weeks | Often fast |
| Loan size | $150,000 to $5M+ | Varies; may limit investor loans | Varies; some cap smaller balances |
| Paperwork | Built around the deal and your plan | Often requires tax returns | Varies |
| Long-term option | Refinance into a LendingStreet DSCR loan | Varies by bank | Usually short-term only |
| Where they lend | All 50 states and DC | Usually local or regional | Often one metro or state |
Inside the city, investors work Oak Park, Tahoe Park, Curtis Park, Land Park, Hagginwood, Del Paso Heights and parts of South Sacramento. Housing ranges from 1920s bungalows to 1950s and 1960s ranches on wide lots.
Across the county, North Highlands, Carmichael, Citrus Heights, Rancho Cordova and Elk Grove offer newer stock and family buyers. West Sacramento sits in Yolo County, with its own rules.
Permits inside city limits come from the City of Sacramento's Community Development Department, and the county and other cities have their own. Older homes often have unpermitted garage conversions or additions, which you must legalize or remove before resale. California's Title 24 energy rules apply to some work, such as HVAC, windows and lighting.
Budget for galvanized plumbing, ungrounded wiring, roofs and HVAC sized for hot summers. Some areas, such as Natomas and homes near the rivers, sit in flood zones, so check flood insurance before you buy.
Sacramento County charges a documentary transfer tax of $1.10 per $1,000 of price, and the City of Sacramento adds its own real property transfer tax. Closings run through escrow, with title insurance and recording on both the purchase and sale.
Under Prop 13, property is reassessed at purchase, so your tax bill is based on the price you pay plus any local assessments, such as Mello-Roos in newer areas. Insurance availability has tightened in parts of California, so get a quote early.
This example is illustrative and not a quote. An investor buys a 1950s ranch in Tahoe Park for $385,000 and plans a $85,000 renovation. The loan covers 85% of the purchase and 100% of the rehab, or $412,250, which is about 88% of total cost.
At closing the investor brings about $64,250: the 15% down payment plus about $6,500 in estimated closing costs. Once the rehab is fully drawn, the estimated interest-only payment is about $3,607 a month. Over 6 months, assuming the full loan is outstanding the whole time, interest is about $21,643, and taxes, insurance and utilities add about $5,100.
The house sells for $590,000. Selling costs of about 6.5% of the price, including commission, escrow and transfer taxes, come to $38,350. The estimated profit before income taxes is about $48,407. Because rehab funds are drawn over time, actual interest is usually lower.
| Item | Amount |
|---|---|
| Purchase price | $385,000 |
| Rehab budget | $85,000 |
| Loan (85% of purchase + 100% of rehab) | $412,250 |
| Loan as share of total cost | About 88% |
| Cash at closing | $64,250 |
| Estimated monthly interest-only payment | $3,607 |
| Interest over 6 months | $21,643 |
| Taxes, insurance and utilities | $5,100 |
| Selling costs | $38,350 |
| Resale price | $590,000 |
| Estimated profit before income taxes | $48,407 |
Before you sign a term sheet, ask every lender the same questions so you can compare offers side by side:
Here is how LendingStreet answers: up to 90% of cost and up to 100% of rehab on some programs, draws released after inspections, closings in as little as 10 days, LLC borrowers welcome, loans from $150,000 to $5M+ with larger balances reviewed closely, and a DSCR refinance ready if you hold. To see your numbers, get a quote with the form below.
Most Sacramento flips end in a sale. If the market shifts or the rent looks strong, you can instead refinance into a LendingStreet DSCR rental loan, which qualifies on the property's rent with no W-2s or tax returns. DSCR loans offer 30-year terms, a standard minimum DSCR of 1.0x, cash-out up to 75% LTV and rate-and-term up to 80% on some programs.
Send the address, purchase price, rehab budget and expected resale value, and we will size the loan around your plan. Get a quote with the form below, or call (877) 298-1001 to talk through the deal. Projects of 9+ units fall under our commercial programs instead.
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, loans from $150,000 to $5M+ and a DSCR refinance if you decide to hold. Compare any lender on leverage, speed, draws and exit options.
Yes. We lend throughout Sacramento and the rest of California, and in all 50 states and DC, on non-owner-occupied 1-8 unit investment properties.
We can close in as little as 10 days. Timing depends on title, the valuation and how quickly you send the contract, rehab budget and entity documents.
Up to 90% of total cost, with up to 100% of the rehab funded on some programs. Rehab funds are released in draws after work is inspected.
Sacramento County charges $1.10 per $1,000 of price, and the City of Sacramento adds its own transfer tax for properties inside city limits. Confirm the total with your escrow officer.
Unpermitted garage conversions and additions are common in older homes. Plan to legalize or remove them, and pull permits for structural, electrical, plumbing and mechanical work.
Yes. You can refinance into a LendingStreet DSCR rental loan that qualifies on the property's rent, with 30-year terms available and LLC borrowers standard.
Pricing depends on the deal, your experience and the leverage you choose. The fastest way to see real terms is to get a quote with the form below, or call (877) 298-1001.
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