FL · Tampa
Bridge, Flip & Construction
Loans in Tampa, FL
Bridge, fix & flip, construction, renovation and DSCR loans for residential investment property in Tampa, $1M to $5M, term sheet in 24 to 48 hours. For US investors and foreign nationals on the same terms.
Passy Capital finances investors who buy, renovate and build residential investment property in Tampa and across Hillsborough and Pasco counties. We write bridge loans, fix & flip loans and ground-up construction loans from $1M to $5M, plus renovation financing and DSCR loans for the hold. Term sheets go out in 24 to 48 hours, and a clean file closes in about two weeks.
Tampa Bay is our home market: our office is across the bay in St. Petersburg. Typical deals here are flips of older single-family houses, infill spec homes on lots in established neighborhoods, and build-to-rent projects in the growing suburbs north and east of the city.
Investors from abroad buy here too. In the Florida Realtors 2025 survey (August 2024 to July 2025), Canadians were the largest group of international buyers in the Tampa-St. Petersburg-Clearwater metro at 32%, with European and Latin American buyers each a meaningful share. A non-US investor borrows on the same terms as a US investor, through a US LLC, with no US credit history required.
Hurricanes Helene and Milton in 2024 left a clear lesson for Tampa Bay renovation budgets. In a FEMA flood zone, if repairs or improvements cost 50% or more of the structure's market value, the whole building must be brought up to current floodplain rules, which can mean elevating it. We check flood zone status and the local substantial-improvement threshold before we size a rehab loan.
Tampa Market Highlights
Our home market
Passy Capital's office is in St. Petersburg, across the bay, so Tampa deals are local for us.
Fix & flip up to 90% LTC
Purchase and renovation in one loan for single-family and 2-4 unit flips, with rehab draws released as work is inspected.
Infill and build-to-rent
Construction loans up to 85% of cost for spec homes on infill lots and for build-to-rent projects in Hillsborough and Pasco.
Flood zones after 2024
The FEMA 50% rule applies to substantial improvements in flood zones, and some local governments use a lower or cumulative threshold. We check it before lending.
Canadian and European buyers
Canadians were the largest group of international buyers in the metro in the 2025 Florida Realtors survey. They borrow on the same terms as US investors.
Bridge, then DSCR
Bridge loans up to 80% LTV to close quickly, then a DSCR loan up to 80% LTV once the property is leased.
Key Submarkets
Seminole Heights
Tampa Heights
West Tampa
South Tampa
Sulphur Springs
East Tampa
Temple Terrace
Brandon
Riverview
Wesley Chapel
Land O' Lakes
Plant City
Property Types We Finance
Single-Family
Spec Homes
Build-to-Rent
2-4 Units
Townhomes
Small Multifamily (5-9 Units)
SFR Portfolios
Teardown & Rebuild
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.
Investing in Tampa from outside the US
If you are buying in Tampa 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
Do you finance flips in Tampa flood zones?
Yes, but we underwrite the flood risk directly. If the property is in a FEMA flood zone, a renovation costing 50% or more of the structure's market value triggers full compliance with current floodplain rules. We confirm the flood zone and the local threshold before sizing the loan so the budget reflects the real scope.
Can a Canadian or European investor get a construction loan in Tampa?
Yes. Foreign nationals borrow through a US LLC on the same terms as US investors, up to 85% of cost on ground-up construction and up to 90% of cost on a fix & flip, from $1M to $5M. No US credit history or Social Security number is required.
How quickly can you close in Tampa?
We send a term sheet within 24 to 48 hours of receiving the deal, and a clean file closes in about two weeks. Our fee is 1% to 2% of the loan, paid at closing, with no upfront fees.
Learn More
How fast can a fix and flip loan close in Florida?
About two weeks on a clean file, and the Florida items that slow it.
Fix & Flip Loans
Purchase and rehab in one loan, up to 90% of cost, closing in about two weeks.
How does a construction loan draw schedule work?
How funds are released during a build, and what the inspector checks at each draw.
Foreign national loans
How non-US investors borrow through a US LLC on the same terms as US investors.
More answers in investor questions, answered and the glossary of lending terms.
Other Cities in Florida
We also finance investors across other Florida markets.
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