A flip is a value-add project on a short timeline. The investor acquires under-improved property - distressed, dated, or undervalued - completes a defined scope of works, and sells the renovated property at a higher price within months. The margin sits in the difference between the acquisition cost plus renovation cost plus holding costs, and the post-renovation sale price. Because the project finishes with a sale rather than a refinance, traditional bank finance often doesn't fit: bank construction loans require longer terms and detailed progress drawdowns; bank investment loans require ongoing serviceability when the property won't be held.
At Commercial Property Funding, renovation and flip finance is structured around the realistic mechanics of a flip. The loan is sized against the projected post-renovation value rather than the as-is purchase price. Where the post-renovation value supports it, both the acquisition and the renovation costs can be funded under a single facility - sometimes called a "split facility" because the funds are released in two parts, the acquisition at settlement and the renovation costs as work progresses. Interest is capitalised so there are no monthly repayments during the flip cycle, which keeps holding costs predictable.
Loan terms run typically six to twelve months - long enough to complete a defined renovation scope, market the property, and settle the sale. Assessment focuses on the property's underlying value, the credibility of the renovation scope and budget, and the exit strategy. CPF's renovation and flip product is built for serious flippers - investors running multiple projects, builders flipping alongside contract work, and small developers buying distressed stock for value-add and resale.
Up to 75% LVR - funded against post-renovation value Single facility covering acquisition and renovation costs Loan term sized to the flip cycle - six to twelve months Capitalised interest - no monthly debt servicing during the project Asset-led assessment - no full serviceability test Letter of Offer in 48 hours, settlement within 7 days of docs Available to company and trust borrowers Repeat facilities for active flippers running multiple projects
Buying under-improved property - dated, run-down, or distressed stock - at a discount to market, with a defined renovation scope.
Properties where the value uplift comes from kitchen, bathroom, layout, or finishing upgrades - not structural redevelopment.
Investors and small developers running multiple flip projects as an ongoing strategy - funded under repeat facilities.
Builders running their own flip projects alongside contract work - capturing both the build margin on renovation works and the development margin on resale.
Submit your scenario for assessment or speak with our team about renovation and flip finance for your next project.
Funding solutions designed for property developers, investors, and brokers across Australia.
