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Fix & Flip Loans · Las Vegas, NV

Fix & Flip Loans in Las Vegas

90% LTC. 100% Rehab. 7-Day Close.

Las Vegas is one of the most active fix and flip markets in the United States. Institutional capital deployed substantial volume here in 2025. LendingStreet brings the same caliber of capital to independent Las Vegas flippers — without forcing you into a single-source lender's box.

Check My Las Vegas Rate →
9.75%
From Rate
90%
Max LTC
100%
Rehab Funded
7 Days
To Close
TL;DR Quick answer for Las Vegas fix & flip investors

Fix & Flip loans in Las Vegas finance both your acquisition and your rehab budget. 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 Loan Key Facts

Why Las Vegas Is a Top Fix & Flip Market

Las Vegas is the #2 institutional flip market in the United States. The combination of strong population growth, robust tourism economy, and a mature investor ecosystem keeps Las Vegas as one of the most active flip markets in the country.

Las Vegas flips benefit from year-round construction weather, predictable retail buyer demand from in-migration, and strong rental fallback (BRRRR exit) if a flip turns into a hold. The market has matured significantly since 2020 with established submarkets and reliable comp data.

Las Vegas flip market snapshot (2026)

Median home price: $425K · Avg flip ROI: 28-32% · Days on market: 30-50 · Investor activity: High · 2025 institutional flip loan volume in metro: #2 institutional flip market, 390 funded loans

Top Las Vegas Submarkets for Flippers

Hot Submarket

Henderson

Family-suburb premium. Median $475K. Strong retail buyer demand, predictable resale.

Hot Submarket

Summerlin

Master-planned premium. Median $545K. Higher-end flips, longer hold periods.

Active

North Las Vegas

Median $375K. Faster appreciation, more value-add opportunities.

Emerging

Spring Valley

Median $395K. Active flip market, mature contractor base.

Cash Flow

Sunrise Manor

Median $340K. Better as BRRRR than flip. Stronger rental yields.

Premium

Centennial Hills

Median $485K. Newer construction, faster turn times.

Fix & Flip Loan Terms in Las Vegas

Loan Amount
$150K–$5M+
Per project
Starting Rate
From 9.75%
Interest-only
Max LTC
90%
Of purchase price
Rehab Financing
100%
Drawn in stages
Min Credit
620
Experience improves terms
Term
12-18 mo
Interest-only
Max ARV
75%
After-repair value
Close Time
7-10 Days
Bridge structure

Las Vegas-Specific Considerations

Year-Round Construction

Climate enables 12-month rehab seasons. Indoor work continues even in summer. Exterior best Oct-May.

Tourism-Driven Economy

Vegas job market tied to tourism — buyer demand can shift with hospitality industry cycles. Track local employment trends.

STR Restrictions in Clark County

Most Las Vegas residential addresses prohibit STR. If considering Airbnb fallback, verify zoning before close.

Foreclosure Inventory

NV had elevated foreclosure activity through 2024. Some opportunities at trustee sales, but require cash close.

What a Las Vegas flip actually involves

The stock is 1990s–2000s single-family across the valley, mid-century stock near downtown and Huntridge, and a large investor-owned rental base. Cosmetic flips on 1990s–2000s stock across Sunrise Manor, Whitney and Spring Valley, and mid-century rehab near downtown. HVAC, roof and HOA compliance are the items.

Nevada is non-judicial but has an unusually high share of homes held in HOAs, and HOA dues sit inside the DSCR payment line. No state income tax. The market is investor-heavy, which deepens comparable data but also means many transactions are cash. Summer cooling costs and roof condition are the recurring items.

Scenarios we finance in Las Vegas

Purchase plus rehab in one loan
Sized on total project cost and ARV, whichever binds — in Downtown and Huntridge the ARV cap usually governs; on 1990s–2000s single-family across the valley the cost side does. Rehab sits in a holdback and releases in draws after inspection.
First flip in Las Vegas
Several sources write first-timers at lower leverage with a licensed GC attached; several require completed projects. A first deal in Paradise Palms or Henderson with a documented scope and a local GC is the profile that places most easily.
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 Las Vegas the tenant base around the resort and gaming corridor 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 Las Vegas–Henderson metro — Las Vegas, Henderson, North Las Vegas, Summerlin, Spring Valley, Enterprise and Boulder City — to renovate and resell or refinance, with the liquidity to carry work between draws.
What commonly disqualifies in Las Vegas
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 the comparables cannot support.
What you will need
Contract, line-item budget by trade, GC bid and license, ARV comparables, 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: Tucson, AZ →Phoenix, AZ →DSCR Loans in Las Vegas →

Frequently asked questions: Las Vegas Fix & Flip

How fast can a fix and flip loan close in Las Vegas? ▼

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

How does Nevada 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.

How much cash do I need to flip in Las Vegas? ▼

The gap between the loan and total project cost, plus points, third-party costs and the rehab you carry between draws. The ARV calculator returns it for your numbers.

How do rehab draws work? ▼

Renovation funds sit in a holdback. You complete a phase, request a draw, an inspector confirms, funds release — typically within a few days. You fund the work between draws.

Get Your Las Vegas Fix & Flip Rate Today

Speak with a financing specialist who knows the Las Vegas flip market. Pre-qual in 24 hours. Close in 5-10 days.

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