Louisiana flips come with their own rules. Civil law, notary closings, flood maps and insurance quotes all shape the deal, from New Orleans shotgun doubles to Baton Rouge ranches.
In short: Our top pick for hard money in Louisiana is LendingStreet. We close investor fix and flip loans in as little as 10 days, lend up to 90% of cost with up to 100% of rehab on some programs, and rates start from 7.99%. Loans run from $150,000 to $5M+. When a renovated double or single-family home makes a better rental, we can refinance it into a 30-year DSCR loan.
Here is what you get with LendingStreet in Louisiana: hard money style speed, closing in as little as 10 days, with up to 90% of cost and up to 100% of rehab on some programs. Loans start at $150,000 and go to $5M+ on non-owner-occupied 1 to 8 unit property, and rates start from 7.99%.
These loans suit experienced flippers, newer investors with a solid scope and contractor, and buy-and-hold investors who need to renovate first. When the work is done, you can sell or refinance into one of our 30-year DSCR rental loans.
Get a quote with the form below or call (877) 298-1001, and the team will size the loan on your numbers.
Investors searching for hard money lenders often compare national names like CoreVest, Dominion Financial, LendingOne, Lima One and RCN Capital. Here is how LendingStreet stacks up on the scenarios that matter most for investors in Louisiana. 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. |
| Bridge close in about 10 days | LendingStreet | We can close in as little as 10 days. CoreVest states its bridge loans typically close within 2 to 4 weeks. |
| 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 New Orleans, investors buy shotgun doubles, Creole cottages and raised homes in Mid-City, Gentilly, Bywater, St. Roch, Central City, Algiers and the Seventh Ward. Across the parish line, Metairie and Kenner in Jefferson Parish have mid-century ranches with broad resale demand.
Baton Rouge offers ranches and newer subdivisions at moderate prices, with demand from LSU, state government and the industrial corridor. Lafayette, Lake Charles, Shreveport and Bossier City have lower entry prices, and in some of them insurance costs decide whether a flip or a rental works better.
Here is a fair, general look at how LendingStreet lines up against the lender types Louisiana investors usually consider for a flip.
| What investors need | LendingStreet | Typical local hard money lender | Typical private lender | Typical bank or credit union |
|---|---|---|---|---|
| Speed to close | As little as 10 days | Often fast | Varies by person | Usually slower; full underwriting |
| Leverage | Up to 90% of cost | Varies; fees and terms vary | Varies by deal | Often lower on distressed homes |
| Rehab funding | Up to 100% of rehab on some programs | Varies | Varies | Often limited for heavy rehab |
| Loan size | $150,000 to $5M+ | Often smaller limits | Limited by the person's capital | Varies |
| Borrow in an LLC | Yes | Usually | Usually | Varies |
| Long-term option | DSCR rental loan with the same team | Short-term only | Short-term only | May need tax returns and W-2s |
| Rates | From 7.99% | Varies | Varies | Varies |
Louisiana follows civil law, and the act of sale is passed before a notary, so your closing team will include a notary and title attorney. Louisiana has no statewide transfer tax, but some parishes charge their own transfer or document fees. Confirm with your closing attorney.
Mortgages in Louisiana usually allow foreclosure by executory process, which goes through the courts but can move faster than a typical judicial case. Property is sold at a sheriff's sale in the parish, so buyers need funding ready on a set date.
Louisiana has a generous homestead exemption for owner-occupants, and investors do not get it. Budget on the full assessed tax figure from the parish assessor.
Flood zone, elevation and insurance are the first things to check on a Louisiana flip. Many homes need flood insurance, and wind coverage on the coast can be costly, so get quotes before you make an offer. Buyers will ask the same questions at resale.
In New Orleans, permits go through the city's Department of Safety and Permits, and homes in historic districts need design review for exterior work. Older homes often need termite repair, roof work, re-leveling, wiring and plumbing. Pre-1978 homes call for lead-safe practices.
If you are weighing a short-term rental exit, New Orleans tightly limits short-term rentals in residential areas, so check city rules before you plan around one.
This example is illustrative and not a quote. An investor buys a Gentilly raised single-family home for $220,000 with a $90,000 rehab budget, for a total cost of $310,000. At 90% of cost, the loan is $279,000, and the investor brings $31,000 plus about $5,500 in estimated purchase closing costs.
The estimated interest-only payment is about $2,441 a month, or $17,087 over a 7-month hold, assuming interest on the full balance for simplicity. If the home sells at an after-repair value of $400,000 with about $32,000 in selling costs, the estimated profit before income taxes is about $35,413.
If the investor keeps it instead, a DSCR refinance at 70% of the $400,000 value is a $280,000 loan, which pays off the $279,000 flip loan. Estimated principal and interest on a 30-year term is about $1,958. With $320 in monthly taxes and $430 in insurance, the total is $2,708. At $2,800 a month in rent, the DSCR is about 1.03x. The new loan covers the flip loan payoff with about $1,000 left over before closing costs. We used 70% rather than the 75% cash-out maximum so the ratio stays at or above 1.0x on this Louisiana rent.
| Item | Amount |
|---|---|
| Total cost (purchase plus rehab) | $310,000 |
| Loan at 90% of cost | $279,000 |
| Estimated interest-only payment, monthly | $2,441 |
| Estimated carry over the hold | $17,087 |
| Estimated profit if sold | $35,413 |
| DSCR refinance loan at 70% | $280,000 |
| Estimated principal and interest | $1,958 |
| Taxes and insurance, monthly | $750 |
| DSCR at $2,800 rent | About 1.03x |
Local hard money is usually short-term only, so investors who want to keep a home must go find a long-term lender while the clock runs on the flip loan.
LendingStreet closes that gap in Louisiana. When the rehab is done and the property is leased, you can refinance into a 30-year DSCR loan that qualifies on the rent, with no tax returns and LLC borrowers welcome. Cash-out goes up to 75% LTV, rate-and-term goes up to 80% on some programs, and seasoning varies by program.
Use these questions to compare any lender on the same terms.
Here is how we answer each one: up to 90% of cost; up to 100% of rehab on some programs; as little as 10 days to close; $150,000 to $5M+; borrowing in an LLC is standard; we walk you through how rehab funds are released; and our DSCR loans give you a long-term option at a 1.0x standard minimum, with seasoning that varies by program.
LendingStreet is our top pick, because it pairs fast closings and up to 90% of cost with a DSCR refinance option that most local hard money lenders do not offer. Send your deal with the form below.
Yes. LendingStreet lends on non-owner-occupied 1 to 8 unit investment property statewide in Louisiana, and in every other state and DC.
Louisiana is a civil law state, and the act of sale is passed before a notary. Your closing attorney or title company will arrange it, and the process works smoothly with an investor loan.
A lot. Insurance can change both your carrying cost and your resale buyer's numbers. Check the flood zone and get quotes before you make an offer.
No. We offer fix and flip and bridge loans plus 30-year DSCR rental loans, so you can move from a flip loan to long-term financing with the same team.
In as little as 10 days. Timing depends on title, insurance and how quickly documents come in, so send the full file early.
Yes. LLC borrowers are standard for our investor loans. You may also be asked to sign for the loan personally, depending on the program.
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