Fix and Flip Bridge Loans
For investors who want to sell one property, and purchase a new property to fix and flip with the proceeds, bridge loans can be an incredibly effective tool to "bridge" the gap between these two investments. Bridge financing offers LTVs up to 70%.
Bridge Loans for Fixing and Flipping Commercial and Multifamily Properties
If you're an investor who wants to sell one property, and purchase a new property to fix and flip with the proceeds, a bridge loan can help you buy the new property while you're still working on selling the one you currently own. Bridge loans are specifically designed to "bridge" the gap in time between two real estate transactions, so they typically have terms of between 2 weeks and 1 year, giving borrowers the time they need to complete their desired sale. These loans usually require that borrowers have the financial capability to pay both mortgages at once, and a clearly defined exit strategy — typically involving the sale or refinance of the first property before the end of the bridge loan term.
Sample Terms for Fix and Flip Bridge Loans in 2025
Size: Varies
Term: 2 weeks to 1 year
LTV/Leverage: Up to 70% LTV
Lender Fees:
$500 typical appraisal fee
Other fees typically between 1.00 - 2.00%
- Allows investors to finance two properties at once
High interest rates
High fees
Borrowers must typically have at least 20% equity in the initial property
Closing Costs: 1.00 - 5.00%
Timing: These loans can typically close in as little as 15 days