Using hard money to fund a fix & flip gives you speed and flexibility — but timing is critical. Every day a property sits unfinished or unsold can eat into profits. Here’s a practical timeline to keep your project on track.
Typical Fix & Flip Timeline with Hard Money
- Weeks 1–2: Closing & Funding – Hard money loans often close within 1–2 weeks. Once funded, secure insurance, transfer utilities, and finalize rehab plans with your contractor.
- Weeks 2–4: Prep & Demo – Begin demolition, remove old finishes, and address any structural or layout issues.
- Weeks 4–8: Rehab & Renovation – Update plumbing, electrical, HVAC, drywall, paint, flooring, fixtures, and cabinets. Factor in permit timelines if needed.
- Weeks 8–10: Final Touches & Staging – Complete exterior work, landscaping, cleaning, and staging. Prepare listing materials.
- Weeks 10–14: List, Sell & Close – Marketing, buyer negotiation, and closing typically take a few weeks, depending on the local market and financing.
Total Timeline: About 3–5 months for a standard hard money-funded flip.
Why Staying on Schedule Matters
- Lower carrying costs: The shorter the hold, the less you spend on interest, taxes, and utilities.
- Reduce market risk: Fast turnover limits exposure to shifting market conditions.
- Maintain budget control: Staying on schedule helps you stick to planned scope and avoid rushed, costly decisions.
Tips to Keep Your Flip on Track
- Lock in contractors and schedules immediately after funding.
- Submit permits early to prevent delays.
- Order long-lead materials (flooring, cabinets, fixtures) in advance.
- Build a buffer for unexpected repairs or market delays.
CoreLend Financial: Partnering for Speed and Profit
CoreLend provides fast, flexible hard money loans designed for fix & flip timelines. From quick funding to structured draws, we help investors stay on schedule, minimize carrying costs, and maximize profits.
Contact CoreLend today to fund your next flip efficiently and confidently.
