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— FIX & FLIP LOANS · DALLAS, TX

Fix & Flip in Dallas

Close in 10 Days. 90% LTC.

Dallas real estate investors: fast hard money financing for fix and flip projects. Up to 90% of purchase price, 100% of rehab costs. No W-2. 620+ credit. Close in 5-10 days.

Check My Dallas Rate →
9.99%
From Rate
90%
Max LTC
100%
Rehab
5-10 Days
Close

What a Dallas flip actually involves

The stock is post-war ranches across the city and the Mid-Cities, pre-war stock in Oak Cliff and Old East Dallas, and large-scale new construction in Collin County. Ranch and bungalow flips in Oak Cliff, Pleasant Grove, Casa View and Lake Highlands. Foundation movement on the clay soils and hail-driven roof replacement are the standard scope.

Texas is non-judicial with one of the fastest foreclosure timelines in the country. Collin County — Allen, Plano, Frisco, McKinney — is the northern growth corridor with newer stock and high property tax rates that reassess quickly; that tax line is what most often breaks a DSCR here. Dallas County basis is lower and the tenant base broader. Hail is the dominant insurance driver.

Where Dallas flips go wrong

Pre-war stock in Dallas means the scope is rarely what the walkthrough suggests. Budget the mechanicals before the finishes and expect the inspector to find what the seller did not disclose.

Insurability at resale is the exit risk in Dallas. If the roof, openings or elevation make the property hard to insure, the ARV you underwrote may not be the price you clear.

Scenarios we finance in Dallas

Purchase plus rehab in one loan
Sized on total project cost and ARV, whichever binds — in Oak Cliff and Pleasant Grove the ARV cap usually governs; on post-war ranches across the city and the Mid-Cities the cost side does. Rehab sits in a holdback and releases in draws after inspection.
Pre-war property with unknown mechanicals
Contingency of 15 to 20 percent on the line items, a licensed GC, and a draw schedule that puts the mechanicals first.
First flip in Dallas
Several sources write first-timers at lower leverage with a licensed GC attached; several require completed projects. A first deal in South Dallas or Allen with a documented scope and a local GC is the profile that places most easily.
Storm-damaged or hard-to-insure property
Roof, openings and elevation drive both the scope and the exit. Confirm insurability at the projected ARV before you close on the purchase.
Hold instead of sell
Fix-to-rent lets you decide at completion. The DSCR takeout is a second underwrite on rent and appraised value — and in Dallas the tenant base around AT&T is what makes that exit credible.

Who fits, what disqualifies, what to bring

Who fits
Investors buying a non-owner-occupied property anywhere in the Dallas–Fort Worth metro — Dallas, Allen, Plano, Frisco, McKinney, Garland, Irving, Mesquite and Hurst — to renovate and resell or refinance, with the liquidity to carry work between draws.
What commonly disqualifies in Dallas
No line-item scope. No licensed GC on a first project. Liquidity that covers the down payment but not points, third-party costs and carry. An ARV that ignores insurability at resale.
What you will need
Contract, line-item budget by trade, GC bid and license, ARV comparables from the same era of construction, proof of liquidity, entity documents.
What happens next
One application. We match the file to programs whose leverage, rehab cap and experience rule fit, and return terms with the draw schedule spelled out.

Nearby markets

Also see: Austin, TX →Houston, TX →DSCR Loans in Dallas →Corpus Christi, TX →El Paso, TX →Fort Worth, TX →Killeen, TX →Lubbock, TX →

TL;DR Quick answer for Dallas investors

Fix & Flip loans in Dallas qualify based on the deal itself — purchase price, rehab budget, after-repair value (ARV) and your flip experience — not your W-2 or tax returns. Up to 90% LTC + 100% rehab financing, 6-18 month terms, close in 5-10 days, interest-only during rehab.

LendingStreet has structured $4.36B+ across 8,196 deals nationwide. NMLS #1734316 · 30+ capital sources · 50 states.

Fix & Flip Loans in Dallas, TX — Key Facts for Investors

Why is Dallas a strong market for Fix & Flip investors?

Dallas is the largest metro in the fastest-growing state. Corporate relocations from California and the Northeast continue to fuel population growth, with 75,000+ residents added to Dallas County alone last year. The DFW airport, American Airlines HQ, AT&T, and massive logistics infrastructure provide stable rental demand across income tiers.

Median Price
$345,000
Citywide
Rental Yield
6.8%
Average gross
Appreciation
4.2%
YoY
Metro Pop
8.1M
Greater Dallas

Neighborhoods across the Dallas metro

We finance rentals and projects throughout the metro. The loan is underwritten on the property, its rent or after-repair value and your experience — not on the neighborhood name.

DALLAS

Oak Cliff

DALLAS

Preston Hollow

DALLAS

Lakewood

DALLAS

Bishop Arts

DALLAS

Uptown

We also fund investments throughout the greater Dallas metro including Plano, Frisco, McKinney, Allen, and Arlington.

Example deal structures for Dallas investors

Illustrative examples of structures we finance — not specific funded loans. Terms depend on the borrower, property and capital source.

Flip · Oak Cliff
$258K + $86K Rehab
Example
90% LTC · 100% rehab · 12-month term · 680 FICO · ~8-day close
Heavy Rehab · Preston Hollow
$241K + $138K Rehab
Example
85% LTC · 100% rehab · 18-month term · 700 FICO · ~10-day close
Light Flip · Lakewood
$276K + $41K Rehab
Example
90% LTC · 12-month term · 720 FICO · ~7-day close

What should Dallas investors know before applying?

Dallas comps and ARV validation

Accurate ARV is critical. Dallas submarkets like Oak Cliff have strong comp data. Lenders want 3-5 recent comps within a quarter mile.

Rehab budget and scope

Dallas rehab costs: $15-40/sq ft cosmetic, $40-75/sq ft moderate, $75-150/sq ft gut. Permits matter in Dallas — include permit timelines.

Exit strategy requirements

Lenders require a clear exit — sale or refi to DSCR. Market time in Dallas averages 30-60 days. Build a 6-month exit buffer.

Experience requirements

First-time flippers can qualify. New flippers start at 80-85% LTC; experienced investors (2+ completed flips) reach 90%+.

Recent LendingStreet loans in Texas

From our loan records, all products. Borrower names and addresses withheld.

Funded
$188,000
DSCR Purchase
Texas

Source: LendingStreet loan records (Pipedrive), September 30, 2026. Borrower names and property addresses withheld; loan amounts shown as recorded. Terms are set by the capital source and vary by borrower, property and program.

How the numbers work: see what 90% of purchase plus 100% of rehab means in cash, or estimate your ARV in the ARV calculator.

Frequently asked questions: Dallas Fix & Flip

What's the max LTC for a Dallas fix and flip loan? ▼

Up to 90% LTC on purchase and 100% on rehab for qualified borrowers with flipping experience.

How fast can I close a fix and flip loan in Dallas? ▼

Typical Dallas fix and flip closings happen in 5-10 business days. Experienced borrowers can close in 5-7 days.

Do I need flipping experience to qualify in Dallas? ▼

First-time flippers can qualify at 80-85% LTC. Experienced borrowers (2+ flips) access 90%+ LTC and lower rates.

What credit score do I need for a Dallas fix and flip loan? ▼

The minimum credit score is 620. Stronger credit improves leverage and pricing.

How is rehab budget funded in Dallas? ▼

Rehab funds via reimbursement draws — complete work, inspector verifies, lender wires funds every 2-4 weeks.

What loan amounts are available for Dallas flips? ▼

Fix and flip loans in Dallas range from $150K to $5M. Most SFR flips fall in $200K-$800K range.

Can I flip properties in my LLC in Dallas? ▼

Yes. All Dallas fix and flip loans allow LLC borrowing with a personal guarantee.

What happens if my Dallas flip takes longer than the loan term? ▼

Most loans carry 12-18 month terms with extension options. Refinancing to DSCR is an alternative if you hold as a rental.

What do Dallas inspectors usually flag on older houses? ▼

Foundation movement on the clay soils and hail-driven roof replacement are the standard scope. Budget contingency for it.

Will the finished property be insurable in Dallas? ▼

Only if the scope addresses what carriers price — roof age, openings, elevation. Confirm before you close; it is the exit.

How does Texas being a non-judicial foreclosure state affect a flip loan? ▼

It affects which capital sources are comfortable writing there and at what leverage. It does not change how you apply.

Related Dallas Loan Programs

DSCR Loans in Dallas → Bridge in Dallas → Construction in Dallas → Fix & Flip in Texas →

Dallas and the surrounding metro

We finance flips across the full Dallas metro, including Allen, Plano, Frisco, McKinney, Garland, Irving and Hurst. The submarkets are not interchangeable:

Collin County — Allen, Plano, Frisco, McKinney — is the northern growth corridor with newer stock and high property tax rates that reassess quickly; that tax line is what most often breaks a DSCR here. The Mid-Cities toward Fort Worth — Hurst, Euless, Bedford — carry 1960s–80s brick ranches with deep comparable data. Texas is non-judicial with one of the fastest timelines in the country.

Whichever submarket the property sits in, the loan is underwritten the same way — run it in the ARV and cash-to-close calculator with the actual local purchase, rehab and ARV figures first.

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