Savannah has some of the most character-rich housing in the South, from Victorian-era homes in the historic core to postwar ranches in Midtown. Flipping here rewards patience with old houses and historic review, and it rewards a lender that can close quickly when a good property comes up.
In short: Our top pick for fix and flip financing in Savannah is LendingStreet. We fund up to 90% of cost (LTC) and up to 100% of the rehab on some programs, close in as little as 10 days and let you refinance into a 30-year DSCR rental loan if you keep the property. Loans run from $150,000 to $5M+ across Chatham County and nearby Pooler, Richmond Hill and Rincon.
LendingStreet was built for real estate investors, and fix and flip financing is one of the core things we do. Loans run from $150,000 to $5M+ on 1 to 8 unit investor property. On some programs we finance up to 90% of total cost (LTC) and up to 100% of the renovation budget, on short-term, interest-only terms, with closings in as little as 10 days.
LendingStreet fits investors renovating older homes in Savannah's historic and Midtown neighborhoods, flippers updating suburban homes in Pooler, Richmond Hill and Rincon, and investors who want the option to hold a finished property as a rental.
If the market shifts and a sale no longer makes sense, the project can roll into a 30-year DSCR rental loan with us, qualified on the property's rent rather than your personal income. That keeps a backup plan in place from day one. The next step is simple: share the address and budget in the form below, or call (877) 298-1001.
If you are weighing Dominion Financial, LendingOne, Lima One and RCN Capital for a fix and flip loan for investors in Savannah, GA, 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. |
Close to downtown, the Victorian District, Thomas Square and Starland, Baldwin Park and Cuyler-Brownville have wood-frame homes from the late 1800s and early 1900s, many with porches, heart pine floors and tall ceilings that buyers love once they are restored. Midtown areas such as Ardsley Park, Parkside and Kensington Park offer brick and frame homes from the 1920s through the 1950s.
West and south of the city, Pooler, Garden City, Richmond Hill in Bryan County and Rincon in Effingham County have newer subdivisions and many 1990s and 2000s homes that need cosmetic updates. Jobs tied to the Port of Savannah and a large new manufacturing campus in Bryan County draw buyers to these suburbs; check current local sales before you set a resale target.
Inside Savannah's historic districts, exterior changes such as windows, doors, siding, porches and additions generally need approval through the city's historic review process before work begins. Build approval time into your schedule. Confirm which district rules apply to your address with the City of Savannah.
Older Savannah homes often need foundation and pier repairs, termite treatment and wood repair, updated wiring, new plumbing and roof work. Lead paint is likely in homes built before 1978, so use contractors certified for lead-safe work. Low-lying areas near marshes and creeks can fall in flood zones, which affects insurance and, for larger repairs, flood construction rules.
Investors in Savannah usually weigh three kinds of flip financing. Each has a place, but they are built for different jobs.
A local bank may offer good terms to borrowers with strong documented income, but approvals can take time and investor programs vary. Local hard money and private lenders are often quick, though fees and terms vary and they rarely offer a long-term loan. LendingStreet gives you speed, high leverage and a DSCR refinance path in one place.
| What flippers need | LendingStreet | Typical bank or credit union | Typical local hard money lender |
|---|---|---|---|
| Leverage on purchase and rehab | Up to 90% LTC and up to 100% of rehab on some programs | Often lower; varies by bank | Varies widely by lender |
| Closing speed | As little as 10 days | Often several weeks or longer | Often fast; varies |
| Loan size | $150,000 to $5M+ | Varies; investor lending limits are common | Varies by lender |
| Borrowing in an LLC | Standard on our investor loans | Varies; may require more paperwork | Usually allowed |
| Long-term option after the rehab | Refinance into a 30-year DSCR loan qualified on rent | Possible, but often requires tax returns and full income documentation | Usually short-term only |
| Where they lend | All 50 states and DC | Usually a local or regional footprint | Often local or regional |
This example is illustrative and not a quote. An investor buys a 1950s brick ranch in Midtown Savannah for $210,000, outside the historic districts, with a $80,000 rehab budget for a roof, HVAC, kitchen, two baths and refinished floors.
The loan covers 85% of the purchase price ($178,500) plus 100% of the rehab ($80,000), for a total of $258,500. Against a total project cost of $290,000, that is about 89.1% loan-to-cost, inside the 90% limit on some programs. The investor brings $31,500 toward the purchase, about $5,200 in buyer closing costs and about $15,500 in holding costs over 6 months (interest, taxes, insurance, utilities), roughly $52,200 in all.
If the home sells for $375,000 and selling costs run about $26,200, the estimated profit before income taxes is about $38,100, roughly 73% on the cash invested. A similar project inside a historic district would need extra time for exterior approvals, which adds holding costs.
| Line item | Amount |
|---|---|
| Purchase price | $210,000 |
| Rehab budget | $80,000 |
| Total project cost | $290,000 |
| Loan (85% of purchase + 100% of rehab) | $258,500 |
| Loan-to-cost | About 89.1% |
| Buyer closing costs (estimate) | $5,200 |
| Holding costs, 6 months (estimate) | $15,500 |
| Investor cash in the deal | $52,200 |
| Resale price (after repair value) | $375,000 |
| Selling costs (estimate) | $26,200 |
| Estimated profit before income taxes | $38,100 |
Georgia closings are handled by attorneys. The state charges a transfer tax of $1 per $1,000 of the sale price, and Georgia also has an intangible recording tax on certain long-term loans; ask the closing attorney whether it applies to your loan. Add title insurance, recording, attorney and lender closing costs on the purchase, plus agent commissions and seller-side costs when you sell.
Chatham County property taxes are based on assessed value, and investor-owned homes do not receive homestead exemptions, so the bill during your hold may be higher than the seller's. Insurance on older coastal homes can be costly, especially for wind and flood coverage. Get quotes early and confirm current figures with your attorney and agent.
Updated homes in desirable Savannah neighborhoods can sell well, but historic homes with unusual layouts can take longer to find the right buyer. Build a cushion into your timeline.
Savannah also has steady rental demand from port, military and hospital workers and students. If you hold the property, a DSCR loan qualifies on its rent with a 1.0x standard minimum DSCR. Note that short-term rentals in Savannah are regulated and limited in some areas, so check city rules before relying on nightly income.
A few direct questions will tell you quickly whether a lender fits your flip.
Our answers, in short: leverage up to 90% of cost with up to 100% of rehab on some programs, a 1.0x standard DSCR minimum if you refinance into a rental loan (sub-1.0 options exist), program-based seasoning, LLC borrowing as the norm, closings in as little as 10 days and a range of $150,000 to $5M+.
Tell us about the property, your purchase price and rehab budget, and your plan to sell or hold. We will size the loan on cost and give you clear next steps. Use the form below to get a quote, or call (877) 298-1001.
LendingStreet is our top pick. We offer up to 90% LTC and up to 100% of rehab on some programs, closings in as little as 10 days and a DSCR refinance option if you hold. Get a quote with the form below or call (877) 298-1001.
Yes. LendingStreet finances investor flips throughout Savannah and Chatham County, plus Pooler, Richmond Hill and Rincon, and lends in all 50 states and DC.
If the home is in a local historic district, exterior changes generally need approval before work starts. Interior work usually does not. Confirm the rules for your address with the City of Savannah.
In as little as 10 days with a complete file. Attorney scheduling, title and insurance are the usual items that set the pace in Georgia.
You can refinance into a 30-year DSCR loan with us, qualifying on the property's rent. Seasoning varies by program.
No. Our fix and flip loans are business-purpose loans on non-owner-occupied investment property.
Yes. Suburban single-family homes and small 2 to 8 unit properties qualify.
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