New York Fix and Flip Loans: 5% Down for Experienced Investors | Capital Kings LLC
Capital Kings LLC · Broker, not a lender

Fix and Flip Loans
in New York

Purchase plus 100% of the rehab budget for New York flips, funded through draws, with a term sheet before you commit. Built for investors with completed flips (5+ for the 5% down program). We broker New York City, Buffalo, Rochester and every county in between.

By Micah FosterProgram terms verified September 2026
Get a term sheet →Call (281) 636-5682

Fix and Flip Loans in New York at a glance

Current program terms, not teaser rates. Your exact terms depend on the property, your credit and your experience. The term sheet shows the real numbers before you commit.
9.99%
Rates from
5%
Down on a first flip
100%
Rehab funded via draws
75% ARV
Max loan
12 mo
Interest-only term
14 days
Typical close
Programs and pricing

New York fix and flip terms as of September 2026

Same numbers the term sheet prints after you apply. Capital Kings LLC shops your New York scenario across 400+ lenders and places it with the one that fits. Read the full fix and flip guide for how the program works deal by deal.

Purchase plus 100% of the rehab budget, funded through draws. The program you land on depends on credit and how many flips you have completed.

ProgramDown paymentMin creditExperienceRateOriginationMax loanTermClose
5% Down, 5+ Flips15%660+5+ completed flips9.99% to 10.99%2%75% of ARV9-24 months10-14 days
  1. Rate is set per file from 9.99%; origination about 2% plus a $995 processing fee.

Experienced flip in New York City, 700 credit

$250,000 purchase · $50,000 rehab · $375,000 ARV · 5% Down, 5+ Flips program
Loan amount
$281,250
Down payment (5%)
$18,750
Rate
10.49%
Origination
$5,625
Broker fee
$2,813
Estimated cash to close
$34,300
Interest per month while you rehab
$2,022

Estimates on Capital Kings terms as of September 2026. Cash to close includes down payment, origination, broker fee, title, prepaid interest, insurance and appraisal. Rehab is funded 100% through draws on every program.

Who it is for

New York investors we fund with fix and flip loans

First flips welcome
No completed deals required. Credit and the deal set the program; experience just moves you to a lower rate.
Investors keeping cash for the rehab
100% of the rehab budget is funded on every program, so the money you bring goes to the purchase, not the renovation.
Wholesale and auction contracts
Deals in New York with a hard closing date. 14 days is standard, and the fastest program on the table above closes in 72 hours.
LLC or personal name
Business-purpose loans, vested in your entity, on single family through small multifamily.

What we need from you

  • Purchase contract
  • Rehab budget or scope of work
  • Two months of bank statements showing the cash to close
  • Government ID
  • LLC documents if you are closing in an entity
How it works

From application to funding in New York

  1. 1
    Send the deal
    Address, purchase price, rehab budget, ARV and your credit range. Three minutes on the application.
  2. 2
    Get a term sheet
    Loan amount, rate, origination, broker fee, every closing cost and your cash to close, before any commitment.
  3. 3
    We shop it
    The scenario goes to the lenders in our network that fund New York flips at your credit and experience level.
  4. 4
    Close and draw
    Purchase funds at closing. Rehab money is released in draws as work is completed and inspected.
Where we lend

New York, city by city

The New York markets we fund most. Not on the map? We broker every county in the state, so send the deal and we place it.

Common Questions

New York Lending FAQ

How much down payment do I need for a fix and flip loan in New York?
As of September 2026 in New York: 5% down with 5+ completed flips from 660 credit at 9.99% to 10.99%. Rehab is 100% funded through draws on every New York program.
What credit score do I need for a New York fix and flip loan?
660+ for the 5% down program, and 660+ for a DSCR rental loan. Our New York flip programs are for investors with completed projects: 5+ for 5% down, 5+ flips. First-time flippers in New York are placed with national lenders and priced per file.
How much cash do I need to close a $250,000 flip in New York?
On a $250,000 purchase with a $50,000 rehab and a $375,000 ARV, an investor with 5+ completed flips at 700 credit on the 5% Down, 5+ Flips program is about $34,300 cash to close ($18,750 down plus origination, broker fee, title, prepaid interest, insurance and appraisal). Figures as of September 2026.
Does the loan cover the rehab budget?
Yes, 100% of the rehab budget on every New York program. It is held back at closing and released in draws: you complete a stage, an inspector confirms it, the draw is wired. Budget for the first stage out of pocket.
How fast can a New York fix and flip loan close?
Most New York flips close in 7 to 14 days. Clean files with title and insurance ready can close in about a week.
Is Capital Kings a direct lender in New York?
No. Capital Kings LLC is a mortgage broker. We shop your New York scenario across a network of 400+ lenders and place it with the one that fits, and every fee is itemized on the term sheet before you commit.
More in New York

Other New York loan programs

DSCR Loans in New York →New Construction Loans in New York →All New York programs →
Learn More

New York Investor Resources

How the loans are structured, what lenders check, and how to compare offers on a New York deal.

Purchase
Purchase-only vs fix & flip: which loan do you need
Read article →
Construction
Ground-up vs heavy rehab: which makes more sense
Read article →
Rates
Hard money loan rates and fees in Texas: what investors are currently paying
Read article →
Qualify
Hard money loan requirements: what you need to qualify
Read article →
Adjacent Markets

Also lending in

Connecticut →Massachusetts →Pennsylvania →All 37 states →
Micah Foster
Founder & Broker
Micah Foster
Micah specializes in Non-QM and hard money lending for real estate investors across 37 states. Based in Texas, he founded Capital Kings to give investors a true broker who shops the market on their behalf instead of pitching one lender's product.
Connect With Micah →

Ready to fund your New York deal?

Submit your scenario in under 3 minutes. We shop our 400+ lender network and send back a term sheet on your actual deal.

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Capital Kings LLC is a non-QM mortgage brokerage. We are not a direct lender. We shop your scenario across a network of state-licensed direct lenders to find the best fit. Loans in New York are originated by partner lenders licensed to lend in New York. All loans subject to underwriting approval. Rates, terms, and program availability vary by lender and may change without notice. Hard money and DSCR loans are secured by real estate. Not for primary residences.