Fix & Rent Mortgage
Acquire, renovate, and convert distressed properties into rental income. Built for investors building long-term portfolios and passive income streams.
Get Pre-Approved →
Acquire, renovate, and convert distressed properties into rental income. Built for investors building long-term portfolios and passive income streams.
Get Pre-Approved →Loan Range
$50K – $5M
Term
12 Months
Rates From
10%
Reno Coverage
Up to 80%
Fix & Rent loans are for investors who buy distressed properties, renovate them, and hold them as rentals. Unlike Fix & Flip, the goal is long-term wealth building through passive rental income and portfolio diversification.
Investors building long-term rental portfolios
Borrowers seeking passive income from renovated properties
1-4 family homes, condos, and townhomes eligible
Up to 75% purchase price and 80% renovation costs financed
A Fix & Rent loan is short-term investor financing that funds both the purchase and the renovation of a property you plan to keep as a long-term rental. It is built for real-estate investors who buy distressed or dated 1-4 family homes, condos, and townhomes, renovate them, and hold them for passive rental income. Unlike Fix & Flip, the exit is renting rather than selling, so the loan is designed to bridge you from acquisition through rehab into a permanent rental mortgage.
Qualification centers on the deal and the property, not just your paystubs. Lenders typically look at the purchase price, the renovation scope and budget, your experience, credit, and the projected as-repaired value and rental income. A portion of the purchase and much of the rehab cost can be financed, with rehab funds released in draws as work is completed and inspected. Expect to provide a scope of work, contractor estimates, and property documentation during underwriting and valuation.
Swiftlend Mortgage Corp (NMLS #402985) is a licensed Florida mortgage broker based in Miami, and we arrange Fix & Rent financing with our investor-lender partners across Florida markets. Because we handle both the short-term rehab loan and the permanent DSCR refinance, we help you plan the full buy-renovate-hold path from day one. If you are building a rental portfolio in South Florida or statewide, get pre-approved with Swiftlend and we will structure the deal around your strategy.
Tell us about the property, purchase price, and your renovation plan. We review your credit, investing experience, and the projected rental income, then match your deal to the right lender partner and confirm the numbers work.
You submit your scope of work, contractor estimates, and property and financial documents. Underwriting evaluates the purchase price, rehab budget, and projected as-repaired value to size the purchase and renovation financing.
An appraisal establishes the current value and the as-repaired value based on your renovation plan. This confirms the equity and rental potential the loan is built around and finalizes how much rehab cost can be financed through draws.
You close and receive purchase funds, with renovation money released in draws as work is completed and inspected. Once the property is renovated and rented, Swiftlend refinances you into a long-term DSCR loan on the rental income.
No fees. No commitment. No fine print. Just a clear answer on what you qualify for — today.