$700,000 Flip Loan in San Francisco, CA
Loan Amount: $700,000
Type: Flip Loan
Term: 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. First Bridge Lending refinanced their Bernal Heights SFR, with 3 private balconies and roof deck, allowing the borrower to pay off their private investor.
The loan amount totaled $700,000 at 47% LTV for a 12-month term. First Bridge Lending originator Louis Bardis facilitated this deal and helped the client secure funding for their latest flip property.
Quick process puts you in touch with decision makers
Loans funded in 3 business days
In-house underwriting, no appraisal required
FBL Track Record
Over 2,000 loans totaling more than $1 billion closed since 2012
Funded loans from $100,000 to $5 million on residential and commercial properties
CA Licensed: CFL, DRE, NMLS