Fix & flip loans in Charleston.
Purchase plus rehab, up to 85% of total cost, across Charleston, North Charleston, Summerville, Goose Creek, and the islands. 12% interest is the entire cost — zero points, zero fees — with funds wired the same day you sign at the attorney's office.
Terms with nothing hiding in them.
Good Lowcountry deals get multiple offers fast, and the winner is usually whoever closes quickly with no financing drama. We brought the model behind 1,700+ funded deals to Charleston unchanged: approval in about an hour, documents to your closing attorney without delay, and pricing where the rate is the only cost. We work with established South Carolina closing attorneys, so the lender is never the reason your closing waits.
| Interest rate | 12% — the entire cost of the loan |
| Points & fees | Zero. No origination, processing, underwriting, appraisal, draw, or extension fees |
| Leverage | Up to 85% of total cost (purchase + rehab/build) |
| Approval | Typically within 1 hour of your call |
| Funding | Funds wired the same day you sign at the attorney's office |
| Draws | Funded in about 24 hours, managed in-house |
| Exit | No prepayment penalty, no minimum interest, no payoff fee |
| Qualifying | The deal qualifies you — no credit pull, no tax returns |
The math on a typical deal.
A three-bedroom ranch in Summerville: $240,000 purchase, $55,000 rehab, $295,000 total cost. At 85% of total cost Kayak funds $250,750 and a five-month flip costs $12,537.50 in interest — the entire financing cost. A typical 11% lender with 2.5 points and standard fees charges $19,661.46 on the same deal: $7,124 more despite the lower rate.
Full worked comparisons: what hard money really costs in SC · Charleston lenders compared
From first call to funded.
- Call or apply with the address, price, and rehab budget. Approval in about an hour — no credit pull, no tax returns, no appraisal.
- Get a free proof of funds letter the same day for your offer.
- Close at the attorney's office. We send documents promptly and wire funds the day you sign.
- Rehab with 24-hour draws, then sell and exit free: no prepayment penalty, no payoff fee.
Common questions.
Who offers fix and flip loans in the Charleston Lowcountry?
Kayak Capital lends on non-owner-occupied fix and flip deals across Charleston, North Charleston, Summerville, Goose Creek, Moncks Corner, and the islands — up to 85 percent of purchase plus rehab at 12 percent with zero points and zero fees.
What do fix and flip loans cost in South Carolina?
With Kayak, 12 percent interest is the entire cost. Typical SC lenders add 1.5 to 3 points plus $1,500 to $3,000 in fees, which routinely adds $7,000 or more per deal on top of interest.
How fast can a flip loan close in Charleston?
Approval in about an hour, and funding moves as fast as the closing attorney's title work — often within days. South Carolina closings run through a licensed attorney, and we work with established Lowcountry attorneys so documents never hold things up.
Do you lend on distressed Lowcountry properties?
Yes. Hurricane-worn, gutted, estate-sale, and auction properties are exactly what asset-based lending is for. We evaluate the property in-house against its after-repair value — no conventional appraisal.
Do first-time flippers qualify?
Yes, at the same pricing as a fiftieth deal. The deal qualifies you: purchase price, rehab budget, and a realistic exit.