90% LTC. 100% Rehab. 7-Day Close.
Philadelphia 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 Philadelphia flippers — without forcing you into a single-source lender's box.
Check My Philadelphia Rate →Fix & Flip loans in Philadelphia 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.
Philadelphia is the #1 institutional fix-and-flip city in the United States. In 2025, more institutional flip capital was deployed in Philadelphia than any other U.S. metro — with 611 funded loans from a single institutional lender alone. The reason is structural: row home density, neighborhood revitalization momentum, mature contractor networks, and deep retail buyer demand.
Philadelphia row homes are the most predictable flip property type in the country. Repeatable scope, mature appraisal comps, and strong neighborhood-by-neighborhood demand make Philadelphia flips one of the most data-rich, executable strategies for both first-time and serial flippers. Median ROI of 35% statewide is driven by Philadelphia performance.
Median home price: $215K · Avg flip ROI: 35%+ · Days on market: 20-35 · Investor activity: Very High · 2025 institutional flip loan volume in metro: #1 institutional flip market nationally, 611 funded loans
Active value-add neighborhood. Lower entry prices ($150-250K), high renovation ROI on row homes. Aggressive gentrification trajectory.
Sustained gentrification. Median $260K. Mature flip investor activity, predictable resale velocity.
Newer revitalization wave. Median $285K. Strong young-professional buyer base.
Already gentrified core. Median $350K+. Premium flips for higher-budget buyers.
Early gentrification. Lowest entry ($120-180K). Higher risk, higher upside.
Diverse submarkets from row homes ($200K) to mid-tier ($400K+). Reliable buyer demand.
Philadelphia License & Inspections requires permits for most renovations. Bypassing creates title issues at resale. Budget 2-4 weeks for major approvals.
PA requires lead-based paint disclosure on pre-1978 homes. Most Philadelphia row homes qualify. Budget for testing if interior finishes are touched.
Philadelphia row homes are unique. Engage contractors with specific row home experience — party walls, narrow staircases, unique HVAC layouts.
Philadelphia comps are reliable but tight to neighborhood block. Half a block can change ARV by $50K. Use a Philadelphia-specialist BPO appraiser.
The stock is the largest rowhouse stock in the country, overwhelmingly pre-1940, at a basis that varies sharply by neighborhood. Rowhouse rehab in Kensington, Point Breeze, Grays Ferry, Kingsessing and Germantown. Knob-and-tube, party walls, roof and Department of Licenses and Inspections timelines are the items.
Pennsylvania is judicial and slow to foreclose. Philadelphia's transfer tax is among the highest of any major US city and belongs in the cash-to-close figure. The city requires a rental license and a Certificate of Rental Suitability before a lease is enforceable. The metro spans into New Jersey and Delaware — Camden and Wilmington are different states with different law.
Pre-war stock in Philadelphia 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.
The metro spans jurisdictions with different permitting, transfer taxes and foreclosure law. Which side of the line you buy on changes the carrying math.
Also see: Pittsburgh, PA →Allentown, PA →DSCR Loans in Philadelphia →Harrisburg, PA →Scranton, PA →
From our loan records, all products. Borrower names and addresses withheld.
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.
Knob-and-tube, party walls, roof and Department of Licenses and Inspections timelines are the items. Budget contingency for it.
It affects which capital sources are comfortable writing there and at what leverage. It does not change how you apply.
Knob-and-tube, party walls, roof and Department of Licenses and Inspections timelines are the items. Budget contingency for it.
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.
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.
Philadelphia is a neighbourhood market, and financing follows the block rather than the city. Brewerytown has drawn steady rehab activity as buyers priced out of Fairmount move west, with rowhome stock that suits a straightforward cosmetic-to-moderate scope. Fishtown and Kensington remain the most active corridors, though the spread between a finished Fishtown sale and one six blocks into Kensington is large enough that comparable selection decides the deal. Point Breeze and Grays Ferry continue to see investor purchases at lower basis with correspondingly thinner comparable support. West Philadelphia — Cedar Park, Kingsessing, Cobbs Creek — carries large older rowhomes where rehab scopes run deeper than the exterior suggests. Northeast Philadelphia offers newer stock and more predictable rehab budgets at the cost of lower spreads.
Pennsylvania is a judicial foreclosure state, which lengthens a lender’s recovery timeline and makes some capital sources more conservative on leverage here than in non-judicial states. Philadelphia rowhome stock is overwhelmingly pre-1940, so knob-and-tube wiring, party-wall issues and roof condition drive more rehab surprises than in newer markets. The city’s rental licence requirement matters if you intend to hold rather than sell, and the transfer tax is among the highest of any major US city — a line that belongs in your cash-to-close figure rather than discovered at settlement.
Speak with a financing specialist who knows the Philadelphia flip market. Pre-qual in 24 hours. Close in 5-10 days.
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