Short-term bridge loan · Iowa
Fix & flip and renovation loans with fast draws in Iowa
From 9% · up to ~70% of value · 3–24 months · $50K–$1M · 1–3 pts
Buy it, fix it, sell it or refinance it — and don't let a slow lender eat your margin. We fund the purchase and the renovation budget, release draws in about 48 hours against completed work, and keep payments interest-only until you exit.
Serving Des Moines, Cedar Rapids, Davenport, Sioux City, Iowa City, Waterloo and every county in Iowa. Fix & flip deals get the same answer everywhere: real equity, a clear exit, a fast close.
Deal check · live
No credit pullLoan-to-value
60%
Your equity
40%
Rates from
9%
Your deal fits what we fund
40% equity · within our size and term range. If the documents line up, we can close fast.
Rates 9%–24% depend on amount, structure, valuation, borrower, timing and due date. Your quote follows review — not a commitment to lend.
What we look at
How we underwrite fix & flip.
- Purchase price, rehab budget and after-repair value (ARV) with comps
- Your scope of work and contractor plan
- Experience — first-timers welcome, pricing improves with a track record
- Exit: sale or refinance into a rental loan
Typical deals
Where this loan fits.
- A distressed single-family or duplex purchase that needs a two-week close
- Renovating a rental you already own before refinancing
- A light-commercial or small multifamily value-add
- A finished flip that needs a bridge while it sells
Iowa markets
Where we lend in Iowa.
Des Moines and West Des Moines, Ankeny, Cedar Rapids, Iowa City, Davenport and the Quad Cities, Sioux City, Council Bluffs, Waterloo–Cedar Falls, Ames and Dubuque, plus I-80 / I-35 highway commercial.
Where we lend
Fix & flip loans by state.
0+
Deals reviewed
~1 in 4
Deals we fund
0 days
Average close (approved)
0%
Repeat borrowers
Illustrative figures · updated before launch
Borrowers on RECO
“Checked the deal on a Tuesday, had a quote Thursday, closed the duplex in nine days. The bank was still asking for tax returns.”
Sample · M. Alvarez · Investor · Kansas City, MO · $340K purchase bridge
Sample testimonials — replace with verified reviews before launch.
Why private capital
RECO vs. the bank
Questions
Straight answers.
About 48 hours after the inspection confirms the completed work — you submit from the portal.