Fix and Flip

For real estate entrepreneurs with ingenuity and vision, there are alway opportunities. By leveraging Bluestone’s Fix & Flip product, you can acquire and rehab undervalued property before deciding whether to sell or refinance.

Commonly referred to as The BRRRR Method (Buy, Rehab, Rent, Refinance, Repeat), fix and flip real estate investing can be a great way to diversify your portfolio by generating active cash flow. Bluestone can assist with both the purchase and the renovations costs associated with your project. The properties eligible for this program are non-owner occupied residential dwellings including detached and semi-detached single-family homes, townhomes, condos, and two to four unit rental properties.

We are a Direct Lender

Bluestone is a direct balance-sheet lender, which means it uses its own capital when deploying loans. All underwriting and investment decisions are made by the Bluestone team. You, as the borrower, have direct access to our team.

About Bluestone's Fix and Flip Loan

Loan Amount

Bluestone targets small-balance loans between $200,000 and $3,000,000. These loan amounts are based on the fully disbursed loan amount after renovations are complete.


Our loan product is a 12-month interest-only term. Bluestone will build in an interest reserve to carry the loan payment until the property sells.

Interest Rate

Bluestone’s pricing starts at 11.99% but can vary as national price indices change. The interest rate is paid towards your outstanding principal balance on an interest-only basis.

Loan to Value (LTV)

Bluestone’s initial loan-to-value (LTV) on investment properties is 70% of the purchase price or as-is appraised value. Bluestone will finance 100% of the renovations not to exceed 70% of the when-complete appraised value of the property.

Real Estate Experience

Although prior experience with real estate fix and flip projects is not required, Bluestone would like to see previous real estate activity as an owner and/or operator.

Young businessman talking on phone in front of laptop behind office desk

Ready to learn more?

Submit an inquiry to find out what we can do for you.

Collateral Types


Detached and Semi-Detached Single Family Homes

A detached single family home is a property that does not share walls with another building. A semi-detached single-family home shares one wall with an adjacent building. Both detached and semi-detached single family homes are occupied by one tenant.

series of colorful twin units


A townhome is a multi-story property that is attached to one or more similar houses by multiple shared walls. The property owner of a townhome controls the interior and exterior as well as the land the property sits on.



A condo is a privately owned unit within a community of other similarly structured units. Typically, the condo owner controls the interior of their unit or property and the common areas are collectively owned by other condo owners within the same complex.


2-4 Unit Rental Properties

2-4 Unit Rental properties are also known as duplexes, triplexes and quadplexes. A duplex is a property consisting of two separate units within the same building. Similarly, a triplex includes three separate units and a quadplex is made up of four separate units.

Lending Area

Understanding the geographic real estate market is crucial to underwriting the real estate asset.

Bluestone has the ability to lend nationwide but concentrates on Mid-Atlantic states and Florida. For loan requests outside the Mid-Atlantic region, Bluestone looks for densely populated areas with active sale comps.

Get in touch today to find out how our regional expertise can work for you.

Let us help you get the financing you need for your next project.

Bluestone’s quick and easy process can get you on the way to finding the funding you need.

  1. Fill out our inquiry form.
    Our staff will follow up about which of our loan products might be the best fit for your situation.
  2. Complete our quick and easy application and document submitter process.
  3. Get the funding you need.
Skip to content