Sacramento fixers cost more than in most of the country, and the good ones rarely sit. A fast close helps, but so does financing that covers most of the purchase and the rehab, so your cash goes further.
In short: Our top pick for hard money in Sacramento is LendingStreet. We fund up to 90% of purchase plus rehab, with up to 100% of the rehab on some programs, close in as little as 10 days and offer rates from 7.99%. When a flip makes more sense as a rental, we can refinance it into a DSCR loan qualified on rent, so you never have to hunt for a second lender.
Sacramento fixers are priced high enough that leverage matters as much as speed. LendingStreet gives you both: financing up to 90% of purchase plus rehab (LTC), up to 100% of the rehab on some programs, and closings in as little as 10 days. Rates start from 7.99%, and loans run from $150,000 to $5M+ on 1-8 unit non-owner-occupied homes and small buildings.
Because we also make DSCR rental loans, the same lender that funds your flip can refinance the house into a 30-year rental loan if you decide to hold. LLC borrowers are standard.
Ready to see numbers? Fill out the form below or call (877) 298-1001.
If you are weighing CoreVest, Dominion Financial, LendingOne, Lima One and RCN Capital for a hard money loan for investors in Sacramento, CA, 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. |
| 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. |
Inside city limits, investors buy 1940s and 1950s bungalows and ranches in Oak Park, Tahoe Park, Hollywood Park, North Sacramento and Del Paso Heights, while Land Park, Curtis Park and East Sacramento carry higher resale prices and higher rehab expectations. Older homes near Midtown include duplexes and small multi-unit buildings.
Unincorporated Sacramento County areas such as North Highlands, Arden-Arcade and Carmichael have plenty of mid-century tract homes, and Citrus Heights, Rancho Cordova and Elk Grove add newer suburban stock. West Sacramento is in Yolo County and Roseville is in Placer County, each with its own fees and permits.
A fair, general look at the lender types Sacramento investors use. Individual lenders vary, so ask each one directly.
| What matters on a fast deal | LendingStreet | Typical hard money lender | Private lender | Typical bank |
|---|---|---|---|---|
| Closing speed | As little as 10 days on a complete file | Often quick | Depends on the individual | Usually slower, with full underwriting |
| How much of the deal is financed | Up to 90% of purchase plus rehab | Varies | Negotiated | Often less on a fixer |
| Renovation budget | Up to 100% of rehab on some programs | Varies | Varies | Often not offered on distressed homes |
| Covering a high-cost California purchase | Up to 90% LTC on $150,000 to $5M+ | Varies; may cap loan size | Limited by one person's capital | Large down payment typical |
| Pricing | Rates from 7.99% | Fees and terms vary | Varies | Varies |
| A path to hold | Refinance into a 30-year DSCR loan | Short-term loans only, in most cases | Rarely | May require W-2s and tax returns |
| LLC borrowing | Standard | Common | Varies | Varies |
Estate and probate properties are common sources of Sacramento fixers. California probate sales can require court confirmation with an overbid process, which changes the timeline, so confirm the process with the estate's attorney before you count on a closing date. Once a sale is ready to close, a lender who can fund quickly protects your deposit.
Other common uses are buying a tired rental from a landlord who wants a fast, as-is sale, and refinancing a maturing short-term loan when a rehab ran long.
If the finished house rents well, which is common near the state government offices, the hospitals and Sacramento State, the exit can be a DSCR loan instead of a sale. DSCR loans qualify on the property's rent, with a 620 minimum credit score, a 1.0x standard minimum DSCR and 30-year terms available.
Older Sacramento homes often sit on raised foundations with crawlspaces, and buyers' inspectors look closely at foundation, sewer laterals, electrical panels and galvanized plumbing. Homes built before 1978 may have lead paint, which affects how crews work. Parts of Natomas and other low-lying areas carry flood zone and levee considerations, and insurance has become harder to place in parts of California, so get an insurance quote early.
Permits come from the City of Sacramento, the county or the city where the home sits. Unpermitted garage conversions and additions are common, so verify the permit history before you price the deal.
This example is illustrative and not a quote. An investor buys a 1940s Oak Park bungalow for $395,000 and budgets $72,000 for a new panel, plumbing, kitchen, baths and paint. Total cost is $467,000. At 90% LTC the loan is $420,300, so the investor brings $46,700 plus about $7,400 in closing costs.
The estimated interest-only payment is about $3,678 a month on the full balance. Over 6 months, interest is about $22,068, and taxes, insurance and utilities add about $3,840, for an all-in cost of about $500,308.
The house sells for $585,000. Selling costs of about $34,427 include about $2,252 in county and City of Sacramento transfer tax. The estimated profit is about $50,265 before income taxes.
| Line item | Estimate |
|---|---|
| Purchase price | $395,000 |
| Rehab budget | $72,000 |
| Loan at 90% LTC | $420,300 |
| Cash to close (down payment plus costs) | $54,100 |
| Interest-only payment | $3,678 a month |
| All-in cost | $500,308 |
| Sale price | $585,000 |
| Selling costs, including transfer tax | $34,427 |
| Estimated profit | $50,265 |
Sacramento County charges a documentary transfer tax of $1.10 per $1,000 of price, and the City of Sacramento adds its own transfer tax of $2.75 per $1,000 inside city limits. Other cities set their own rates. Most loans use a deed of trust, and closings run through escrow.
Under Proposition 13, a sale resets the assessed value to the price you pay, so the seller's tax bill is not your tax bill. Some newer suburbs also carry special assessments. Statewide rent and eviction rules apply to many rentals, and the City of Sacramento has its own rental housing program, so check the rules if you plan to hold. Confirm all of this with your escrow officer.
Use the same list with each lender so the answers line up:
Send the address, price, scope of work and target resale through the form below, or call (877) 298-1001. If you might hold the house, tell us the expected rent too, and we will size the DSCR refinance at the same time.
LendingStreet is our top pick. We combine fast closings (as little as 10 days) and up to 90% LTC with a DSCR rental refinance, so one lender covers the flip and the hold.
Yes. We lend in Sacramento, the surrounding counties and in all 50 states and DC on 1-8 unit investment property.
Loans run from $150,000 to $5M+, covering up to 90% of purchase plus rehab, with up to 100% of the rehab on some programs.
Rates start from 7.99%. The final rate depends on leverage, the property and your track record.
Yes, once the sale is approved and ready to close. Court confirmation can change the timeline, so confirm the process with the estate attorney and share the dates with us early.
Yes. A sale resets the assessed value to your price, so budget property taxes on what you pay, not on the seller's bill.
Yes. A DSCR loan can refinance the short-term loan, qualified on rent with no W-2s or tax returns. Seasoning varies by program.
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