Fix & Flip Loans in Savannah, GA for Purchase + Rehab Financing

What a Savannah flip actually involves

The stock is the National Historic Landmark District and Victorian District downtown, post-war stock across the city, rapid new construction in Pooler and Bryan County, and beach stock on Tybee. Historic rehab in the Victorian District and Thomas Square under design review, and cosmetic flips across the post-war stock. Moisture, termite and design-review timelines are the items.

Georgia is non-judicial with one of the fastest foreclosure timelines in the country. Savannah's historic district carries strict design review on exterior work, and flood insurance is decisive in the low-lying coastal parcels. The Hyundai plant is driving substantial new construction and tenant demand west of the city.

Where Savannah flips go wrong

Pre-war stock in Savannah means the scope is rarely what the walkthrough suggests. Budget for the mechanicals — wiring, supply lines, drain lines — before the finishes, and expect the inspector to find what the seller did not disclose.

Insurability at resale is the exit risk in Savannah. A buyer's lender will require coverage; if the roof, windows or elevation make the property hard to insure, the ARV you underwrote may not be the price you clear. Price the insurance-driven improvements into the scope.

Scenarios we place in Savannah

Purchase plus rehab in one loan
Sized on total project cost and ARV, whichever binds — in Historic District and Victorian District the ARV cap usually governs; on the National Historic Landmark District and Victorian District downtown the cost side does. Rehab sits in a holdback and releases in draws after inspection; you carry the work between them.

Pre-war rowhouse or bungalow 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. Sources that write older stock expect it.

First flip in Savannah
Several sources write first-timers at lower leverage with a licensed GC attached; several require completed projects. A first deal in Starland or Pooler with a documented scope and a local GC is the profile that places most easily.

Storm-damaged or hard-to-insure property
Post-storm rehab is its own category. 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 Savannah the tenant base around the Port of Savannah is what makes that exit credible. Run it before you buy.

Program terms

Standard ranges across our capital sources: $150,000 to $5M+, up to 95% of total project cost, up to 100% of the rehab budget in draws, 6 to 18 months interest-only, 5 to 10 business days to close with 5-day expedited for experienced investors. Full detail and the current rate floor are on the fix and flip loan page. First-time flippers generally see lower leverage.

Who fits, what disqualifies, what to bring

Who fits
Investors buying a non-owner-occupied property anywhere in the Savannah metro — Savannah, Pooler, Richmond Hill, Rincon, Tybee Island and Garden City — to renovate and resell or refinance, with the liquidity to carry work between draws.

What commonly disqualifies in Savannah
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 place the file against sources whose leverage, rehab cap and experience rule fit, and return terms with the draw schedule spelled out.

Where we lend around Savannah

The Savannah metro — Savannah plus Pooler, Richmond Hill, Rincon, Tybee Island and Garden City — and the rest of Georgia via the Georgia fix and flip page. The active rehab corridors in Savannah include Historic District, Victorian District, Starland, Ardsley Park, Thomas Square.

Size the loan and the cash to close in the ARV calculator, add the carry in the carrying costs calculator, and build the budget in the rehab cost estimator.

Also see: Atlanta, GA →Augusta, GA →

Frequently asked questions

How much cash do I need to flip in Savannah? ▼

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.

Do you finance first-time flippers in Georgia? ▼

Yes, through sources that write them — lower leverage, licensed GC attached.

What do Savannah inspectors usually flag on older houses? ▼

Moisture, termite and design-review timelines are the items. Budget contingency for it.

Will the finished property be insurable in Savannah? ▼

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

How fast can it close? ▼

5 to 10 business days on a complete file; 5-day expedited for experienced investors. A BPO in lieu of appraisal is available on bridge structures.

Can I refinance into a rental loan instead of selling in Savannah? ▼

Yes — fix-to-rent. Separate underwrite on rent and appraised value. Run it before you buy.