Published 2026-09-29 · 11

Easy Street Capital Review 2026: Fix-and-Flip, DSCR, and New Construction Loans for Real Estate Investors

Affiliate disclosure: Practical Landlord is reader-supported. If you apply for an Easy Street Capital loan through our links, we may earn a referral payment — at no extra cost to you. It helps keep the content free.

When your bank can't move fast enough, hard money and DSCR lenders fill the gap. Easy Street Capital has spent the better part of a decade positioning itself as a national private lender for real estate investors — fix-and-flip loans, long-term DSCR rental loans, and ground-up construction financing. Borrowers keep mentioning the same things: fast closings, reasonable rates for the space, and loan officers who actually understand investor deals.

I reviewed their current loan programs, rates, terms, borrower reviews, and their official referral program so you can decide whether Easy Street Capital deserves a spot on your shortlist. All figures below are drawn from Easy Street Capital's own published pages as of September 2026 — actual pricing varies by borrower, property, and market, and you should confirm terms directly before applying.

What Is Easy Street Capital?

Easy Street Capital is a private real estate lender headquartered in Austin, Texas, serving investment-property borrowers nationwide. They operate three branded loan programs:

• EasyFix — short-term hard money loans for purchasing and rehabbing residential or small multifamily investment properties.
• EasyRent — long-term DSCR (debt service coverage ratio) rental loans, qualified on property cash flow rather than personal income.
• EasyBuild — ground-up new construction financing for residential investment properties, including small multifamily.

Important boundary up front: Easy Street Capital lends on investment properties only. They do not offer owner-occupied loans, land loans, or commercial/specialty property loans. Everything here is business-purpose lending for non-owner-occupied residential real estate — if you're looking to finance your primary home, look elsewhere.

EasyFix: Fix-and-Flip and Bridge Loans

EasyFix is Easy Street Capital's hard money product for investors buying and renovating properties. It covers both purchase and rehab in a single loan, and it's also used as bridge financing between transactions.

Advertised terms (as of September 2026):

• Rates starting at 8.90%
• Up to 93% LTC (loan-to-cost) / 75% LTV (loan-to-value), per the company's state loan pages; third-party lender profiles put leverage around 90% of total costs, so expect your quote to vary by deal
• Short-term structure (typical hard money terms — think 12-month-ish timelines on flips)
• Advertised closing in as little as 24 hours on qualified deals

That 24-hour closing claim is aggressive, but borrower reviews back up genuinely fast turnarounds. Multiple reviews on the company's own site describe closings in a matter of days — one borrower reported funding in 48 hours, another reported closing a bridge loan in under 24 hours. Those are best-case scenarios, not guarantees, but they signal a lender built for speed.

EasyFix suits the classic flip: distressed acquisition, rehab budget, exit within months. The company also highlights EasyFix-to-EasyRent refinances — finish the rehab, stabilize the rent, and roll into a long-term DSCR loan with the same lender. That continuity is a genuine convenience if you run the BRRRR method and don't want to re-establish a relationship with a new lender at the refinance stage.

What EasyFix costs you

"Rates starting at 8.90%" is a starting point, not a typical rate. Hard money pricing depends on your experience, credit, leverage, and the deal's strength. Expect origination points and fees on top of the interest rate — hard money lenders almost universally charge them. Get a full written term sheet, compare total cost of capital across two or three lenders, and don't anchor on the headline number.

If you want the full framework for evaluating DSCR and rental-loan math before you talk to any lender, see DSCR Loans for Landlords: How Rental Property Investors Qualify Without Tax Returns.

EasyRent: DSCR Rental Loans

EasyRent is the program most buy-and-hold landlords should care about. It's a DSCR loan: a long-term mortgage for rental property that qualifies based on the property's rental income covering the payment — not your W-2, not your tax returns, not your debt-to-income ratio.

Advertised terms (as of September 2026):

• Rates starting at 5.75%
• Up to 80% LTV on purchases and rate-term refinances; 75% LTV on cash-out refinances
• No minimum DSCR required to qualify — one of the more permissive standards in the space
• 30-year fixed-rate structure (interest-only options advertised on some materials)
• Short-term rental properties accepted, including qualification using short-term rental income projections
• Up to 10-unit residential properties

For comparison, their broker-channel materials advertise rates starting at 5.50% with up to 85% LTV on acquisitions and a 640 minimum credit score — available only through approved high-volume mortgage brokers, not retail borrowers. Retail borrowers should anchor on the 5.75% / 80% LTV figures.

The "no minimum DSCR" detail matters. Many DSCR lenders require a ratio of 1.0 or 1.25 before they'll approve the loan, which disqualifies properties in expensive markets where rent barely covers the payment. Easy Street Capital's stance — qualifying deals even where the ratio runs under 1.0 — opens the door in high-cost metros, though pricing will reflect the added risk. One of the company's own case write-ups describes a borrower refinancing into a 30-year fixed DSCR loan at 7.450% with a 1.55x DSCR — a realistic data point for where mid-strength deals land versus the advertised starting rate.

That gap between "starting at" rates and closed rates is normal across the industry, not an Easy Street quirk. The advertised rate goes to the strongest files: experienced borrowers, strong credit, lower leverage, strong-DSCR properties. Your rate will be higher. Underwrite deals at realistic rates, not headline rates.

We compare DSCR lenders side by side in DSCR Lender Comparison 2026, and walk through the BRRRR workflow these loans enable in BRRRR Method for Landlords.

EasyBuild: New Construction Loans

EasyBuild is Easy Street Capital's ground-up construction program for investors and builders developing spec homes, duplexes, or small rental communities.

Advertised terms (as of September 2026):

• Rates starting at 8.90%
• Up to 90% LTC / 75% LTV
• Interest-only payments during construction
• Advertised draws funded in 24 hours

Borrower reviews specifically praise the draw process — multiple reviewers call it the easiest draw process they've worked with, which is the construction-loan detail that matters most day to day. A lender that funds draws quickly keeps your contractor paid and your project moving. The company does not finance horizontal or land development — this is vertical residential construction only.

The Application Process

Easy Street Capital advertises an online-first application flow with in-house underwriting. Based on the company's published materials and borrower accounts:

1. Submit the deal — property details, purchase price, rehab budget (for EasyFix/EasyBuild), or rental income (for EasyRent).

2. Term sheet — you receive proposed pricing and terms. Compare these against at least one competing quote.

3. Underwriting — appraisal (rental loans will use appraiser-determined market rent, which can differ from actual rent), property documentation, entity documents.

4. Closing — advertised as fast as 24 hours on qualified bridge deals; expect longer for construction and DSCR refinances.

One detail worth knowing from their own DSCR explainer: the lender uses the appraiser's market rent figure, not your actual lease rent, when calculating DSCR. If your actual rent exceeds market rent, the higher number doesn't help you — underwriting uses the lower appraised figure. Factor that into your qualification math.

Easy Street Capital Referral Program: $1,000 per Closed Deal

Easy Street Capital runs an official referral program — published on their own site — that pays $1,000 per closed deal to referral partners. It's positioned toward people with investor networks (brokers, agents, and other industry contacts) who refer their clients' deals to the company. You sign up through their referral page, and a member of their team follows up on next steps.

That's a meaningful number relative to the industry: most lender referral arrangements pay a few hundred dollars or nothing at all. If you're a landlord with investor friends, a broker, or an agent who regularly sends clients toward investor financing, it's worth a look — with the usual caveat that a referral payment shouldn't be the reason you recommend a lender. Recommend the right lender first; the payment is a bonus.

What Borrowers Actually Say: Reviews and Reputation

Borrower sentiment is unusually consistent. Across reviews on the company's own site and third-party profiles, the recurring themes are:

• Speed — closings in days, not weeks; several borrowers cite same-week funding.
• Communication — named loan officers, frequent updates, responsiveness throughout the process.
• Reasonable pricing — borrowers describe rates and fees as competitive for the private-lending space, not the cheapest money available anywhere.
• Repeat business — a meaningful share of reviewers mention second, third, or fourth loans, which is the strongest signal a lender can earn.

Honest caveat: published reviews on a lender's own site are curated. Third-party profiles (PrivateLenderLink, BiggerPockets forum threads) show similar sentiment, which is reassuring, but I did not find a large volume of independent negative reviews either way. Treat the reputation as a genuine positive signal, not a guarantee.

Pros and Cons

Pros:

• One lender for the full investor lifecycle — flip, stabilize, refinance into long-term debt, and build new, all under one roof.
• No minimum DSCR on rental loans — qualifies deals in expensive markets that stricter lenders reject.
• Short-term rental friendly — STR properties and projected rental income accepted for DSCR qualification.
• Fast closings and draws — the speed claims are aggressive but borrower accounts support genuinely fast execution.
• In-house underwriting — fewer third-party handoffs typically means fewer surprises late in the process.
• $1,000 referral program — the best-published referral payout in the investor-lending space I'm aware of.

Cons:

• Headline rates vs. reality — "starting at" rates apply to the strongest files; most borrowers will pay more, and the company doesn't publish fee schedules publicly.
• Investment properties only — no owner-occupied, no land, no commercial. If your portfolio strategy includes any of those, you'll need a second lender.
• Short-term products are expensive — hard money at ~9%+ plus points is the right tool for a flip with a tight timeline; it's a dangerous tool for a deal that drags.
• No published fee schedule — origination points, processing fees, and draw fees aren't itemized on the website. You have to get a term sheet to know your true cost.
• First-time investors face restrictions — third-party lender profiles note Easy Street Capital does not consider first-time investors on some products. Complete beginners may need to start elsewhere or partner with an experienced investor.

Who Easy Street Capital Is Best For

• Active fix-and-flip investors who value closing speed and high leverage over the absolute lowest rate.
• Buy-and-hold landlords who want a 30-year DSCR loan without tax-return underwriting, especially in markets where DSCR runs thin.
• BRRRR investors who want one lender relationship from acquisition through long-term refinance.
• Small builders developing spec homes or small multifamily who care about fast draw funding.
• Self-employed investors whose tax returns make conventional qualification painful.

Who Should Skip It

• Owner-occupants — they don't lend on primary residences, full stop.
• First-time investors — borrower minimums may apply; build a track record first.
• Land or commercial buyers — not their products.
• Rate shoppers on strong files — if you qualify for conventional financing (low DTI, strong credit, primary-residence-adjacent structures), a bank will usually beat private-lender pricing. Easy Street Capital wins on speed and qualification flexibility, not on being the cheapest money.

The Bottom Line

Easy Street Capital is a legitimate, well-reviewed private lender with a clean product lineup: hard money for flips, DSCR loans for rentals, and construction loans for builders. The terms they advertise are competitive for the private-lending space, the no-minimum-DSCR policy is genuinely distinctive, and borrower reviews consistently praise speed and communication. The weaknesses are the industry's standard ones: advertised rates that most borrowers won't see, no public fee schedule, and hard-money pricing that punishes slow projects.

If you're flipping, scaling a rental portfolio past conventional loan limits, or running the BRRRR method, they're worth a quote — alongside two competitors, so you can compare total cost of capital rather than headline rates. If you need owner-occupied financing or you're buying your first-ever investment property, start somewhere else.

Loan terms, rates, and fees change with market conditions and vary by borrower, property, and program. Confirm current terms directly with Easy Street Capital before making financing decisions.

Ready to compare quotes? Start with a written term sheet from Easy Street Capital, then get two competing quotes — one from another private lender and one from a bank or credit union if you might qualify conventionally. The spread between "starting at" and your actual rate is where the real comparison happens.

Affiliate note: if you apply through our links, Practical Landlord may earn a referral payment at no cost to you — it keeps this site free and independent.