{"url":"https://newsforagent.com/news/2026-10-27/backflip-rebuilt-iphone-app-investors","markdown_url":"https://newsforagent.com/news/2026-10-27/backflip-rebuilt-iphone-app-investors.md","title":"Backflip Launches Rebuilt iPhone App for Real Estate Investors","headline":"Backflip Rebuilds Free iPhone App to Analyze Deals and Manage Fix-and-Flip Loans","description":"Backflip launched a rebuilt free iPhone app that lets investors analyze deals, see preliminary loan terms and manage fix-and-flip loans.","section":"Product Launches","published_at":"2026-10-27T12:25:27+00:00","modified_at":"2026-10-27T12:25:27+00:00","author":"News Desk","key_takeaways":["Backflip launched a rebuilt free iPhone app that lets investors analyze deals, view preliminary financing terms and manage loans through draws and payoff.","Fix-and-flip rates start at 7.5% for qualified borrowers and properties as of October 2026, and loans are available in 44 states and Washington, D.C.","Backflip has funded more than 3,000 loans totaling more than $860 million since 2021, with repeat borrowers accounting for roughly half of its fix-and-flip loans."],"companies":[{"name":"Backflip","is_primary":true,"profile_url":"https://akta.pro/company-profiles/0003b5o/backflip","website":"https://backflip.com"}],"source":{"publisher":"PR Newswire","title":"Backflip Completes Renovation of its Mobile App to Help Real Estate Investors Analyze Investment Properties and Secure Investment Loans","url":"https://www.prnewswire.com/news-releases/backflip-completes-renovation-of-its-mobile-app-to-help-real-estate-investors-analyze-investment-properties-and-secure-investment-loans-302919674.html"},"other_sources":[],"tags":["Product Launches","Backflip"],"body_markdown":"[Backflip](https://akta.pro/company-profiles/0003b5o/backflip) launched a rebuilt version of its free iPhone app on October 27, 2026, giving residential real estate investors a single place to analyze deals, see preliminary financing terms and manage loans through draws and payoff. The Austin-based lender and technology platform announced the launch in a [PR Newswire release](https://www.prnewswire.com/news-releases/backflip-completes-renovation-of-its-mobile-app-to-help-real-estate-investors-analyze-investment-properties-and-secure-investment-loans-302919674.html). An updated Android version is expected to follow.\n\n## What the Backflip App Does for Investors\n\nInvestors can model a deal at the line-item level or get a quick read on whether it works, pick comps using Backflip's comp match score and assess after-repair value based on their business plan. AI-powered insights highlight key aspects of each analysis, including opportunities for upside and risks to mitigate. Indicative pricing and eligibility criteria tailored to the deal appear even before a soft credit pull, and every loan inquiry goes to a dedicated Account Executive who can help lock final terms.\n\nBackflip handles draws and servicing in-house, with draw requests typically funded in under two days and each loan assigned a dedicated servicing associate. Current terms as of October 2026 put fix-and-flip rates starting at 7.5% for qualified borrowers and properties, with interest charged only on funds disbursed rather than on undrawn rehab funds. Borrowers can optimize for lowest pricing through Standard, choose higher leverage through Altitude or opt for no out-of-pocket monthly payments through Zero Gravity. Fix-and-flip loans are available in 44 states and Washington, D.C., and Backflip also offers ground-up construction loans in select geographies and DSCR loans for rental properties nationwide.\n\n\"Backflip's analyzer is commonly the first place investors go to see if a deal will pencil. Now they can seamlessly procure a fix and flip loan, close it quickly, and manage it post-closing all on the same platform,\" said Jake Rome, Founder and CEO of Backflip. \"Our repeat borrowers utilizing the platform commonly close loans in less than a week, and new investors get the same tools plus a top-notch team that's eager to work the deal with them.\"\n\nThe launch comes as flip margins tighten. According to ATTOM's Q2 2026 U.S. Home Flipping Report, the typical flip earned a 21.5% gross profit margin, down from 27.6% a year earlier, with typical gross profit of $60,526 before rehab, financing and holding costs.\n\n## Backflip's Funding and Lending Record\n\nAccording to akta.pro [company records](https://akta.pro/company-data), Backflip has eight funding rounds on record, including a $30 million Series A in October 2024 led by ECMC and a $154 million debt-funded round that month led by Performance Trust Capital Partners. The records also list a $10 million round in November 2025 with three investors and a $100 million debt-funded round in December 2025 led by Performance Trust Capital Partners. Backflip formed Backflip Asset Management, LLC in November 2025 as a subsidiary managing approximately $175 million in assets under management, and in December 2025 closed its first $95 million securitization backed by residential transition loans.\n\n## Backflip's Android App Plans\n\nBackflip said an updated Android version of the app is expected to follow the iPhone launch. The iPhone app is available on the App Store, and full details, loan terms and FAQs are at [backflip.com](https://backflip.com).\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}