AZ · Phoenix
Bridge, Flip & Construction
Loans in Phoenix, AZ
Bridge, fix & flip, construction, renovation and DSCR loans for residential investment property in Phoenix, $1M to $5M, term sheet in 24 to 48 hours. For US investors and foreign nationals on the same terms.
Passy Capital finances real estate investors who buy, renovate and build residential investment property in Phoenix and across Maricopa County: fix & flip loans, bridge loans and ground-up construction loans for spec homes and build-to-rent, plus renovation and DSCR financing for the hold. Loans run from $1M to $5M, with a term sheet in 24-48 hours and closing in about two weeks on a clean file.
Phoenix is one of the most active flip markets in the country and one of the largest build-to-rent markets. Investors renovate older single-family in central neighborhoods such as Arcadia, Coronado and Encanto, and build spec homes and rental communities in the East Valley and the West Valley. We size flips on cost and after-repair value, builds on cost, and rentals on value and rent.
Investors based outside the US borrow on the same terms as Arizona operators. The loan is made to your US LLC and underwritten on the property, so no US credit history and no Social Security number are required. Business-purpose lending only, on non-owner-occupied property. We finance the vertical build on residential lots; we do not finance land development or public infrastructure.
Phoenix Market Highlights
High Flip Activity
Phoenix had an 8.9% flipping rate in ATTOM's Q2 2026 report, among the five highest of US metros over 1 million people.
Build-to-Rent
The Phoenix area is one of the largest markets in the country for purpose-built single-family rental communities.
Water Supply Rules
New subdivisions need a 100-year assured water supply, which shapes where new lots can be created.
Trustee Sale in 91 Days
Arizona deeds of trust allow a non-judicial trustee sale no sooner than 91 days after the notice is recorded.
No Transfer Tax
Arizona has no real estate transfer tax, and the state constitution bars new ones.
Same Terms From Abroad
Foreign nationals borrow through a US LLC with no US credit history and no foreign-national premium.
Key Submarkets
Arcadia
Central Phoenix
Coronado
Encanto
Ahwatukee
Tempe
Mesa
Chandler
Gilbert
Queen Creek
Glendale
Buckeye
Property Types We Finance
Single-Family
2-4 Units
Condos & Townhomes
Small Multifamily (5-9)
Spec Homes
Build-to-Rent
SFR Portfolios
Renovation Projects
Loan Programs
Bridge Loans
Buy, refinance or cash out an investment property, closing in about two weeks.
Construction
Ground-up spec homes and build-to-rent, with draws tied to milestones.
Renovation / Rehab
Rehab financing on 1-4 unit and small multifamily, drawn against completed work.
Fix & Flip
Purchase and rehab in one loan for 1-4 unit flips, closing in about two weeks.
DSCR / Rental
Long-term rental financing based on property cash flow.
How we finance Phoenix deals
- Fix & flip. Purchase and renovation in one loan, up to 90% of cost, sized on the after-repair value. Phoenix was among the five large US metros with the highest flipping rate in ATTOM's Q2 2026 report (8.9% of sales), which means a deep resale market and also competition on the exit: the plan has to work at recent sold comps.
- Spec homes and build-to-rent. Ground-up construction up to 85% of cost, with draws released as work is completed and inspected. New subdivisions in the Phoenix area need a 100-year assured water supply, so we confirm that the lot sits in an approved subdivision or inside a designated water provider's service area before sizing the loan.
- DSCR as the exit. Once the rentals are leased, a DSCR loan up to 80% of value retires the construction or bridge loan. Since January 1, 2025, Arizona cities can no longer levy transaction privilege tax on residential rentals of 30 days or more, which removes a line from the long-term rental budget.
- Rental registration. Every residential rental in Arizona must be registered with the county assessor (A.R.S. 33-1902). An owner who lives outside the state must name an Arizona statutory agent, which is the step a foreign investor's LLC needs to plan for.
See all Arizona markets on our Arizona page, or what we fund.
Investing in Phoenix from outside the US
If you are buying in Phoenix from outside the United States, financing is usually where the process stalls: no Social Security number, no US credit history, and no retail bank willing to underwrite a foreigner. We lend to your US LLC instead, underwrite the property rather than a US profile you have no way to build, and charge no foreign-national premium for it.
Frequently asked questions
What do you finance in Phoenix?
Fix & flip loans, bridge loans and ground-up construction loans for spec homes and build-to-rent, plus renovation and DSCR loans. Loans run from $1M to $5M on single-family, 2-4 units, condos and townhomes, small multifamily up to 9 units, build-to-rent and SFR portfolios.
Do you finance build-to-rent construction in Phoenix?
Yes. We finance the construction of the homes up to 85% of cost, with draws released as work is inspected, and a DSCR loan up to 80% of value once the units are leased. We do not finance land development or public infrastructure.
Can a foreign national finance a Phoenix flip or rental?
Yes. The loan is made to your US LLC and underwritten on the property, so a non-resident borrows on the same terms as a US investor, with no US credit history and no Social Security number required. If the property is rented, Arizona requires an owner outside the state to name an in-state statutory agent when registering the rental with the county assessor.
How fast can a Phoenix loan close?
Term sheets go out within 24-48 hours, and a clean file closes in about two weeks. The fee is 1-2% of the loan, paid at closing, with no upfront fees.
Learn More
Build-to-rent construction financing in Arizona: what do lenders look at?
The build, the rent, the DSCR take-out and the phasing.
Fix and Flip Financing: How to Fund Your Next Renovation Project
How fix and flip loans work, what loan-to-cost means, and how a renovation loan is sized.
How a Construction Loan Draw Schedule Works
How draws are requested, inspected and released during a spec or build-to-rent project.
Can I Refinance a Bridge Loan Into a DSCR Loan?
How a finished renovation or build moves from short-term financing to a long-term rental loan.
More answers in investor questions, answered and the glossary of lending terms.
Other Cities in Arizona
We also finance investors across other Arizona markets.
Have a deal in Phoenix?
Submit your deal in 2 minutes. We'll review it and get back to you within 24 hours with financing options.
Submit a Deal