In Miami, the bridge loan is often the easy part. The hard part is the exit, where insurance, taxes and condo rules decide whether a long-term loan works.
In short: Our top pick for Miami bridge loans is LendingStreet. We lend $150,000 to $5M+ on 1-8 unit investment property, with rates from 7.99% and closings in as little as 10 days, which helps when a maturing loan or a seller's deadline is close. We also underwrite the DSCR refinance that replaces the bridge, using real insurance and tax figures, so you know the exit works before you start. Get a quote with the form below or call (877) 298-1001.
LendingStreet makes short-term, interest-only bridge loans on 1-8 unit investment property in Miami. Loans run from $150,000 to $5M+, rates start from 7.99%, and a clean file can close in as little as 10 days. When the property is ready, the same team can refinance you into a long-term DSCR rental loan, so the exit is planned before you sign.
Miami investors use it to pay off a maturing private loan, buy a block duplex before another buyer does, or fund repairs on a property that will not yet qualify for long-term financing. Get a quote with the form below or call (877) 298-1001.
If you are weighing CoreVest, Dominion Financial, Lima One and Roc Capital for a bridge loan for investors in Miami, FL, this is the short version: LendingStreet wins the scenarios below, and you can get a quote with the form below.
Figures for other lenders are as stated on each lender's own website as of November 2026. Lender terms change, so verify current terms with any lender before you apply. Ready to see your numbers? Use the form below or call (877) 298-1001.
| Scenario | Best fit | Why |
|---|---|---|
| Bridge loan above $3M | LendingStreet | Our bridge program runs from $150,000 to $5M+. CoreVest states single-asset bridge loans from $75K to $2M+, and Roc Capital states stabilized bridge loans up to $3,000,000. |
| Bridge close in about 10 days | LendingStreet | We can close in as little as 10 days. CoreVest states its bridge loans typically close within 2 to 4 weeks. |
| Property in any state, including DC | LendingStreet | We lend in all 50 states and DC. Lima One states it lends across 46 states, and Dominion Financial lists 49 states plus DC. |
Miami-Dade has a large stock of concrete block and stucco homes and older duplexes, many built from the 1940s through the 1970s. They hold up well to wind, but older roofs, windows, electrical and plumbing often need work before a property is insurable at a reasonable price and ready for a long-term loan.
Bridge loans are common here when a maturing loan is about to come due, when a seller wants a fast close, and when a property needs repairs before an insurer or a DSCR underwriter will take it on.
Miami investors can call a local bank, a local hard money or private lender, or an investor lender like LendingStreet. Banks often move slowly on non-owner-occupied property and ask for tax returns. Local hard money is often quick but usually short-term only. LendingStreet gives you speed now and a long-term DSCR exit later.
| What investors need | LendingStreet | Typical bank or credit union | Typical local hard money lender |
|---|---|---|---|
| Speed to close | As little as 10 days on a clean file | Often 30 to 60 days or more | Often fast; varies by lender |
| Loan size | $150,000 to $5M+ on 1-8 units | Varies; often tied to your relationship | Often smaller; varies |
| How you qualify | Built around the property and your plan | Often requires tax returns and personal income | Mostly the property; terms vary |
| LLC borrowers | Standard | Varies; sometimes limited | Usually allowed |
| Long-term exit | In-house DSCR refinance, up to 30 years | Separate application, if offered | Usually short-term only; you find your own exit |
| Pricing | Rates from 7.99% | Varies | Fees and terms vary widely |
Investors buy duplexes and block homes in Little Havana, Allapattah, Little River, Little Haiti and Liberty City, and single-family homes in Hialeah, Miami Gardens, North Miami, Cutler Bay and Homestead. Each area has its own flood exposure, so check the FEMA map and the elevation certificate on every address.
Condos are a special case. After the Surfside collapse, Florida added structural inspection and reserve requirements for many condo buildings, and some associations have raised dues or levied large special assessments. Ask for the association's inspection status and budget before you buy.
Florida charges documentary stamp tax on deeds and on new notes, plus intangible tax on new mortgages. Miami-Dade uses its own deed stamp rate and adds a surtax on many property types other than single-family homes, so get exact figures from your title company.
Insurance is often the largest swing item. Wind coverage, roof age and flood insurance can change the monthly cost by hundreds of dollars. Property taxes also reset after a sale, and investors do not get homestead protections, so use your price, not the seller's bill. Florida law limits local rent control, but confirm any city or county rental rules before you lease.
This example is illustrative and not a quote. An investor owes $410,000 on a private loan coming due on an Allapattah duplex and needs $60,000 to finish a roof and unit updates. A bridge loan of $470,000 pays off the old loan and funds the work. That is about 78.3% of the property's $600,000 as-is value.
The estimated interest-only payment is about $3,917 a month, about $15,667 over 4 months. Once both units are leased for a combined $5,400 and the property appraises at $690,000, a 75% LTV DSCR cash-out refinance of $517,500 pays off the bridge and returns about $47,500 before closing costs, subject to the program's seasoning rules. Estimated principal and interest is about $3,530; taxes of $1,050 and insurance of $620 bring the total to about $5,200, a DSCR of about 1.04x.
| Item | Amount |
|---|---|
| Existing loan payoff | $410,000 |
| Rehab budget | $60,000 |
| Bridge loan | $470,000 |
| Bridge loan vs. as-is value | About 78.3% of $600,000 |
| Estimated monthly interest-only payment | $3,917 |
| Estimated interest over 4 months | $15,667 |
| After-repair value | $690,000 |
| DSCR refinance loan (75% LTV) | $517,500 |
| Estimated principal and interest (30-year) | $3,530 |
| Taxes and insurance | $1,670 |
| Total monthly payment | $5,200 |
| Monthly rent | $5,400 |
| DSCR | About 1.04x |
Most Miami bridge loans end in a sale or a DSCR refinance. DSCR loans qualify on rent with no W-2s or tax returns, start at $150,000 with no stated maximum, and go up to 80% LTV on a purchase and 75% on a cash-out. The standard minimum DSCR is 1.0x, and sub-1.0 programs exist for files that land just short.
Because insurance and taxes are high, run the refinance with real quotes. For higher-value Miami rentals, jumbo DSCR loans cover larger balances, with leverage that varies by program.
Before you pick a bridge lender, ask every option the same questions and compare the answers side by side.
Here is how LendingStreet answers: leverage is set per deal, the DSCR exit has a 1.0x standard minimum with sub-1.0 options on some programs, seasoning varies by program, LLCs are standard, a clean file can close in as little as 10 days, loans reach $5M+, and some bridge programs need no appraisal while larger balances usually get a full valuation.
Send the address, payoff or purchase price, repair budget, rents and your deadline. A maturing loan date is exactly the kind of deadline we work against. Use the form below or call (877) 298-1001.
Our top pick is LendingStreet: bridge loans from $150,000 to $5M+ on 1-8 unit investment property, rates from 7.99%, closings in as little as 10 days and an in-house DSCR refinance for the exit.
Yes. We lend throughout Miami-Dade County and Florida, and in all 50 states and DC.
Yes. Send the payoff letter and maturity date. A bridge loan can retire the old loan and fund repairs, then a DSCR refinance can replace it.
Some bridge programs have no appraisal. Larger balances usually need a full valuation.
Insurance is part of the DSCR payment. A newer roof, wind mitigation features and a good elevation certificate can lower the premium and raise your ratio.
It depends on the building. We will want to see the association's inspection status, reserves and any special assessments.
In as little as 10 days on a complete file.
No. All of our bridge loans are business-purpose loans on non-owner-occupied investment property.
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