Capital Kings LLC

How much cash do I need to flip a house in Indiana?

About $31,476 on a $180,000 Indiana first flip with a $45,000 rehab at 720 credit, on our Fastest Close (3 days) at 11.99%. That is the down payment and every closing cost. Plan to show $57,386 in the bank. With a few completed flips the cash drops to about $15,754 on 100% Financing, 2+ Flips.

Get my real numbers →See every dollar

Prefer to talk it through? Call or text Micah at (281) 636-5682.

Reviewed by Micah Foster, Founder & CEO · October 2026

Rates as of October 2026

$180,000 house, $45,000 rehab, 720 credit, first flip

Cash to close, first flip

$31,476

Proof of funds$57,386
After a few flips, as low as$15,754

At a glance

The deal, in pictures

Cash to close on your first flip in Indiana

Fastest Close (3 days)$31,476
11.99% rate · $13,476 in closing costs
First Flip, 10% Down$38,473
9.99% rate · $15,973 in closing costs

720 credit, no completed flips, every closing cost included.

What you spend, and what just sits in your bank

Spent at closing$31,476

Stays in your bank$25,910

Shown in your bank statements (proof of funds)$57,386

On Fastest Close (3 days). The lender wants to see $57,386 in your bank statements.

Cash to close: The money you bring to the closing table: down payment plus every closing cost.
Proof of funds: Cash the lender wants to see in your bank statements. Only the cash to close is spent; the rest stays yours.
After repair value (ARV): What the house will be worth once the rehab is done. Lenders cap the loan at a share of it.
Draws: Rehab or build money released after each phase is finished and inspected.

In short

The short answer, as of October 2026

First flip: 2 programs, with as little as 10% down.
Best rate on a first flip: 9.99% on First Flip, 10% Down (660+ credit).
With 2+ completed flips: $15,754 to close on 100% Financing, 2+ Flips.

Capital Kings LLC is a broker, not a lender. We compare every file across 400+ lenders and send the term sheet with every fee on it before you sign.

Worked example

Every dollar, line by line

A $180,000 purchase, a $45,000 rehab and a $325,000 after repair value in Indiana, 720 credit. The real term sheet:

Cash to close$31,476

Proof of funds to show$57,386

Where the $31,476 goes

Down paymentEquity$18,000
Appraisal feeAppraiser$0
Prepaid interestLender$1,020
Origination and lender feesLender$4,889
Broker feeBroker$2,070
Closing / titleTitle co$3,359
Property insuranceInsurer$2,138

Proof of funds adds $25,910 that stays in your account: part of the rehab and six months of interest. The gold broker line is the only money Capital Kings earns.

A sample sheet for a made-up borrower, built the same way yours is. Yours takes about five minutes and doesn’t pull your credit.

The numbers

Compare the options

More down usually buys a lower rate, and a track record opens the low-down programs. Every program here is one we place in Indiana.

Your first flip in Indiana

Program	Rate	Down payment	Closing costs	Cash to close	Proof of funds
Fastest Close (3 days)	11.99%	$18,000	$13,476	$31,476	$57,386
First Flip, 10% Down	9.99%	$22,500	$15,973	$38,473	$62,088

$180,000 purchase, $45,000 rehab, $325,000 after repair value, 720 credit, no completed flips. Closing costs are origination, the lender’s fees, our 1% broker fee, title, insurance, the appraisal and prepaid interest. Proof of funds is cash you show in the bank on top of cash to close; it stays in your account. Rates as of October 2026.

After a few completed flips

Program	Rate	Down payment	Closing costs	Cash to close	Proof of funds
100% Financing, 2+ Flips	9.50% to 12.00%	$0	$15,754	$15,754	$41,348
5% Down, 5+ Flips	9.99% to 10.99%	$9,000	$14,497	$23,497	$48,326
7.5% Down, 3+ Flips	9.99%	$16,875	$15,159	$32,034	$55,930

The same deal. Each program names the completed flips it needs. Where a rate shows a range, the lender picks the rate inside that range for each file, and some of these programs verify more cash in your account than shown here. Rates as of October 2026.

Price my deal →See every Indiana program Apply in about five minutes

How it works

Good to know

A fix and flip loan covers the purchase and the rehab on one loan. The purchase funds at closing; the rehab is released in draws as the work is inspected, and interest is charged only on what has been drawn.

We place investor loans in Indiana and 36 other states, comparing each deal across 400+ lenders. Business-purpose loans only.