What Borrowers Should Prepare Before Requesting Fix & Flip Terms
Speed matters before a lender ever prices the deal
Borrowers who get to terms fastest usually do the same basic work before they ask for pricing. They know the purchase, they know the rehab, they know the exit, and they can support the file with clean documents.
If you want a Fix & Flip request to move quickly, the goal is simple: remove avoidable questions before underwriting starts.
What AVL Homes expects to see up front
- A clear purchase number. The lender needs to understand the actual contract price or target acquisition cost.
- A realistic rehab budget. The budget should be line-itemed enough to show scope, not just a rough total.
- An ARV you can defend. If your exit depends on a number, you should be able to explain why.
- An exit strategy. Sell, refinance, or hold. The file should read like a real plan.
- Borrower documents. Proof of funds, ID, entity docs, credit authorization, and a completed Budget + Scope of Work.
Where deals usually slow down
Most delays are not caused by one big issue. They come from a stack of smaller missing pieces:
- the budget is incomplete
- the scope is too vague
- proof of funds does not match the deal
- the borrower is still changing the structure after submission
- the requested loan amount does not line up with the actual deal economics
The cleanest way to move faster
Submit one clean request with the real numbers, the real scope, and the required documents already attached. That gives the lender something usable on the first pass and reduces the amount of back-and-forth required to get to terms.
AVL Homes is built to move quickly, but speed still depends on file quality. Clean inputs create faster decisions.