Fix and Rent

FiBi Fix and Rent loans are similar to our Fix and Fix loans, but the end game is different. A rental property loan, also known as a short-term private money loan, is utilized to bridge the gap between two real estate transactions. Its primary purpose is to facilitate a swift purchase of a rental property, enable necessary rehabilitation or renovation, and ultimately secure long-term, conventional financing for refinancing the property. Typically, the buyer must obtain pre-approval from a conventional bank before securing the rental loan.

If you are an investor or rental property owner seeking to acquire properties that require cash or private funding, we offer a rental property private money program. Our program provides rental property hard money loans, covering up to 75% of the project cost, which includes the purchase price and renovation expenses. These loans do not incur prepayment penalties, allowing you to refinance the property promptly, as needed.

Rental loans, commonly known as Airbnb, VRBO, and Short-Term Rental Loans, are an integral part of the expanding market for short-term rental properties. With platforms like Airbnb and VRBO gaining popularity in major travel destinations such as San Antonio and Austin, the demand for desirable properties in these areas is consistently rising. To capitalize on this trend, we offer short-term bridge loans specifically designed to facilitate property acquisition, renovation, and successful rental management. Our loan terms are similar to those mentioned earlier, providing you with the necessary funding to seize opportunities in this dynamic market.

Loan Terms.

  • Up to 80% LTC (Loan to Cost)

  • 60 days - 6 months Terms

  • $30K to $1M Loan Amount

  • 8%-14+% Rates

  • 2-4 Origination Points

  • 3-5 Draws, if rehab required

  • No prepayment penalties or minimum hold period

For any inquiries or concerns regarding these types of loans, we encourage you to apply through our online application process. Once submitted, one of our experienced loan officers will promptly reach out to you. Alternatively, if you prefer direct contact, please feel free to reach us at 832-275-0990. We are here to assist you with any questions you may have.

Please note that all loans are subject to approval from FIBI Capital LLC. We reserve the right to modify or adjust any of the advertised programs at our sole discretion.