Mortava InvestorHQ Contact Sales
Fix & Flip · South Dakota

Fix & flip loans in South Dakota — fund the deal, keep your cash.

South Dakota is no state income tax and steady Sioux Falls rental demand. Mortava funds flips statewide — up to 95% LTC plus 100% of rehab, draws within 24 hours, and 2-hour term sheets — so you can move fast on deals in Sioux Falls, Rapid City and beyond.

Up to 95% LTC + 100% of the rehab funded
Rehab draws reimbursed within 24 hours
First-time flippers welcome (620+) · close in 7–10 days
Send your South Dakota project
2-hour term sheet · no hard credit pull.
Business-purpose financing for investors. Indicative terms only — not a commitment to lend.

Why flippers finance South Dakota projects with Mortava

In a market like South Dakota, speed and leverage decide your margin. Mortava funds up to 95% of cost plus the full rehab, reimburses draws within 24 hours, and sends indicative term sheets in about two hours — so you can compete on Sioux Falls, Rapid City deals and recycle capital into the next project faster.

Top metros we fund
Sioux Falls, Rapid City
Max leverage
Up to 95% LTC + 100% of rehab
Speed
Draws in 24h · close in 7–10 days · 2-hr term sheets
Terms
12–18 months · up to $5M · FICO 620+

South Dakota fix & flip loan FAQ

Can I get a fix and flip loan in South Dakota?
Yes. Mortava funds fix & flip projects across South Dakota, including Sioux Falls, Rapid City. We lend up to 95% of loan-to-cost plus 100% of the rehab budget, so you keep cash in the deal.
How much can I borrow on a South Dakota flip?
Up to 95% of the purchase price (LTC) plus 100% of your rehab budget, capped at roughly 75% of the after-repair value (ARV). Loan amounts up to $5M in South Dakota.
Do you fund first-time flippers in South Dakota?
Yes — first-time flippers are welcome in South Dakota with a 620+ FICO. Stronger credit and prior projects unlock higher leverage.
How fast can Mortava close a flip in South Dakota?
South Dakota fix & flip loans can close in as few as 7–10 days, with indicative 2-hour term sheets and rehab draws reimbursed within 24 hours.
What property types qualify for a South Dakota fix & flip loan?
Single-family, 2–4 units, condos, and townhomes across South Dakota. Standard and extensive rehabs both qualify; ground-up construction is reviewed separately.
Fix & flip loans by state
Flip in AlabamaFlip in AlaskaFlip in ArizonaFlip in ArkansasFlip in CaliforniaFlip in ColoradoFlip in ConnecticutFlip in DelawareFlip in FloridaFlip in GeorgiaFlip in HawaiiFlip in Idaho
All Fix & Flip programs → DSCR loans in South Dakota → Instant quote & pre-qualify →