📞 (877) 298-1001 · Lending in Las Vegas, NV · NMLS #1734316 30+ Capital Sources · Investment Property Only
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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

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
660
640 with 2+ flips
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.

Las Vegas Fix & Flip FAQ

How fast can a fix and flip loan close in Las Vegas?▼
7-10 days from complete application is standard. Las Vegas's competitive market makes speed essential — bridge-structured fix and flip loans don't require a traditional appraisal (just a broker price opinion), which is the key speed advantage.
What's the minimum down payment for a Las Vegas fix and flip?▼
10% of purchase price as down payment, plus closing costs. Rehab is 100% financed in draws as work completes. So a $400K Las Vegas flip with $80K rehab budget needs about $45K down (10% + closing) to acquire and renovate.
Can first-time flippers qualify in Las Vegas?▼
Yes. First-time flippers can qualify, especially in Las Vegas markets where comparable sales data is strong. Pricing is best for borrowers with 2+ completed flips, but experience isn't required.
What property types qualify in Las Vegas?▼
Single family (1-4 unit), townhomes, multifamily, and some condos. The property must be for investment only — no primary residences. Ground-up construction projects use a separate construction loan product.
Can I refinance my Las Vegas flip into a long-term rental loan?▼
Yes — this is the BRRRR strategy and it's common in Las Vegas's neighborhoods where rental yields are strong. LendingStreet finances the initial flip, then refinances into a 30-year DSCR rental loan once the property is stabilized.

Related Las Vegas Investor Resources

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 7-10 days.

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