Flip Loan

An investor or buyer can use an acquisition bridge loan to get short-term financing on a single or multi-family property that needs repairs and renovations. These property types typically don’t meet the qualifications of traditional mortgage lenders, so the acquisition bridge, or flip loan, is a good way to purchase the property quickly, make the necessary renovations, and then sell the home for loan repayment and profit (or refinance with long-term mortgage once the property meets those qualifications post-renovation). Single-family home buyers who want to purchase a fixer upper can also take advantage of bridge loan financing to secure a loan on a property, renovate, and refinance in the future.

Recent Flip Loan Deals

47% LTV – Flip
12 months

The borrower is a fulltime contractor and real estate investor who has renovated over 20 homes in San Francisco in the last 4 years.

70% LTPP – Flip
12 months

The borrower is a full-time investor who has flipped houses with a partner for 12 years. They came to First Bridge Lending for financing to secure their next fix and flip investment property.

60% LTPP – Flip
12 months

The borrower is a full-time investor who has flipped 20 houses in the last 4 years and owns 8 rentals free and clear.

70% LTPP – Flip
6 months

The borrower has flipped 4 properties in the last 5 years and came to First Bridge Lending for financing to purchase a two-level SFR in Castro Valley.

47% LTPP – Flip
6 months

The borrowers, husband and wife, are an experienced home flipper team who typically purchase properties with all cash.

70% LTPP – Flip
6 months

The borrower is an experienced home flipper who has flipped 3 properties in the last 4 years. They came to First Bridge Lending for financing on their new flip property purchase.

60% LTV – Flip
12 months

The borrower is an experienced investor who came to First Bridge Lending for financing on a new 6-property infill subdivision construction project.

65% LTV – Flip
6 months

The borrower is a new investor who wanted to flip their now-vacant former residence. They purchased the property for $1,470,000 in 2014 and have spent $160,000 on renovations.

65% LTV – Flip
9 months

The borrower is a full-time developer who wanted to pay off a maturing construction loan. Upon completion of the construction, the borrower came to First Bridge Lending to refinance their loan while listing the property on the market.

70% LTPP – Flip
9 months

The borrower has flipped 11 properties in the last 4 years and came to First Bridge Lending for financing on their latest purchase. The property is located in Fremont in a highly acclaimed school district, and it only needed interior updates before listing.

80% LTPP – Flip, Higher LTV Investor Flip
9 months

The borrower partnered with their father, who has flipped 4 homes in the last 6 years, to purchase this SFR for their first joint flip. The property is in a good location, though dated finishings and repairs will require $60,500 in improvement costs.

69% LTV – Flip
6 months

The borrower is a full-time home flipper who has completed 16 high-end SFRs in the Bay Area. They needed financing for an SFR in foreclosure with hostile tenants that would not allow for an interior inspection.

38% LTV – Flip, Refinance Bridge
12 months

The borrower is an experienced developer who has completed major renovations on 4 Marin County homes in the last 24 months. They purchased this 1.23-acre parcel in a premium neighborhood with views of San Francisco, CA and the Golden Gate Bridge.

16% LTV – Cash Out Refinance, Flip
12 months

The borrower is an experienced investor and full-time developer. They purchased the parcel on a busy street close to Santa Clara University for $1,300,000 and have invested $2,500,000 in building 3 new single-family homes on a subdivided lot.

70% LTV – Acquisition Bridge, Flip
12 months

The borrower is an experienced builder who is motivated to flip properties full-time. This is their first solo flip, after having worked for flippers for 20 years, and they came to First Bridge Lending for a loan in order to purchase a corner-lot property on a quiet street.

72% LTV – Acquisition Bridge, Flip

This experienced flipper was trying to obtain bank funding, but it was taking too long. The seller was ready to take a back-up offer and keep the significant earnest money deposit.

51% LTV – Acquisition Bridge, Flip
6 months

The borrower wanted to purchase a single family residence with an adjacent buildable lot and came to First Bridge Lending to obtain a single loan for both properties.

68% LTV – Acquisition Bridge, Flip
6 months

The borrower is a real estate broker who has flipped three properties in the last two years.

70% LTV – Acquisition Bridge, Flip
7 months

The borrower was a first-time house flipper, and they needed an acquisition loan to close on a vacant property they intend to flip.

70% LTV – Acquisition Bridge, Flip
6 months

This repeat borrower made an aggressive offer on a property and needed to close quickly, so they came to First Bridge Lending for financing on a fix and flip loan.

50% LTV – Cash Out Refinance, Flip
12 months

Borrower purchased property with 2 single-family homes for $1.25M and invested an additional $1.2M in constructing 3 new single-family homes.

34% LTV – Acquisition Bridge, Flip
6 months

The borrower for this property was part of a three-party trust, and he financed his portion with a First Bridge Lending loan.

49% LTC – Flip, Refinance Bridge
12 months

The project was partially complete when the borrower came to First Bridge Lending to pay off the existing loan on the land and to complete the house.

70% LTV – Acquisition Bridge, Flip
9 months

The borrower came to First Bridge Lending for assistance with a flip loan after working with another lender who was unable to perform.

70% LTV – Acquisition Bridge, Flip
9 months

First Bridge Lending helped the borrower close within 72 hours to secure this fix-and-flip property.

71% LTV – Acquisition Bridge, Flip
12 months

First Bridge Lending closed this deal in 3 days so that seller would not list the property on the open market.

72% LTV – Acquisition Bridge, Flip
9 months

The client needed a flip loan and GAP loan to facilitate the construction work on the home.

Villandry Dr.

$2,900,000

55% LTV – Cash Out Refinance, Flip
5 months

The property is located in an exclusive development located right outside Truckee, CA. Our borrower needed a quick loan to finish construction and sell for a profit.

First Bridge Lending
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