Across the Valley, the best rehab deals tend to go to investors who can close in days on a dated block ranch or a tired fourplex. A bridge loan provides that speed, and a DSCR refinance turns the finished rental into long-term debt.
In short: Our top pick for bridge loans in Phoenix is LendingStreet. We fund 1-8 unit investor purchases from $150,000 to $5M+, with rates from 7.99%, closings in as little as 10 days and up to 100% of rehab on some programs. When the home is leased, we refinance into a 30-year DSCR loan that qualifies on rent. In the Valley, plan AC and roof work early, register the rental with the county assessor and remember that courthouse trustee sales usually need cash.
LendingStreet is our top pick for Phoenix-area investors who need fast, flexible short-term money on 1-8 unit property. Bridge loans run from $150,000 to $5M+, with rates from 7.99% and closings in as little as 10 days. Payments are interest-only, some programs fund up to 90% of cost and up to 100% of the rehab, and there is no appraisal on some bridge programs. Larger balances usually need a full valuation.
The plan does not end at the rehab. When the home is leased, we can refinance into a 30-year DSCR loan that qualifies on the rent, with no W-2s or tax returns and LLC borrowers standard. Get a quote with the form below or call (877) 298-1001.
Well-known bridge lenders include CoreVest, Dominion Financial, Lima One and Roc Capital. Compared scenario by scenario for investors in Phoenix, AZ, LendingStreet comes out as the stronger choice, and one application covers it.
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. |
Valley investors typically choose among a bank or credit union, a local hard money lender and private money. Here is a general comparison for bridge and rehab loans.
| What investors need | LendingStreet | Typical bank or credit union | Typical local hard money lender |
|---|---|---|---|
| Speed to close | As little as 10 days | Often 30 to 45 days | Often fast |
| Rehab money | Up to 100% of rehab on some programs | Rare on homes needing major work | Varies |
| Leverage | Up to 90% of cost on some programs | Usually lower | Varies |
| Exit loan | In-house 30-year DSCR refinance | Possible, with full income review | Usually none |
| Loan range | $150,000 to $5M+ | Varies | Often smaller balances |
| LLC borrowers | Standard | Sometimes | Usually |
Most Valley bridge deals are single-family homes and small multifamily built from the 1950s through the 1980s: block ranches in Maryvale, Alhambra, Sunnyslope and South Mountain, character homes in Coronado, Garfield and the Encanto area, and older fourplexes in central Phoenix. In the East Valley, investors work in Mesa, Tempe, Chandler, Gilbert and Apache Junction; in the West Valley, Glendale, Peoria, Avondale, Goodyear, Tolleson and Buckeye.
Typical work is mechanical and roof-driven: replacing aging AC units or evaporative coolers, recoating or replacing flat foam roofs, updating electrical panels, resurfacing pools and swapping lawns for desert landscaping. Newer build-to-rent communities compete for tenants, so a finished rehab needs to show well. Buildings with 9+ units are commercial; see /commercial.html.
Arizona foreclosures are mostly non-judicial trustee sales. Winning bidders generally must post a deposit at the sale and pay the balance by the next business day, which is too fast for any loan to fund. Investors usually buy those with cash and refinance, and use bridge loans for REO, online auctions with a closing period, wholesale contracts and listed homes.
A bridge also works for paying off a private or bank loan that is coming due on a property you already own, giving you time to finish work and lease up before the DSCR refinance. Ask about seasoning if you plan to refinance soon after a cash purchase, since it varies by program.
Arizona law requires owners of residential rental property to register it with the county assessor, so add Maricopa or Pinal County registration to your checklist. Starting in 2025, Arizona cities can no longer charge sales tax on long-term residential rent, though short-term rentals still owe lodging taxes. Confirm with the city.
Property taxes in the Valley are modest by national standards, but owner-occupied homes get a state-funded credit that rentals do not, so a seller's bill can understate yours. Monsoon storms and roof age drive insurance, and many HOAs set leasing rules and minimum lease terms. Summer heat matters for timing: a vacant home with a failed AC system is hard to show and can suffer damage, so plan mechanical work first. Check local rules before you buy.
This example is illustrative and not a quote. An investor buys a four-bedroom 1970s block ranch with a pool in west Phoenix for $300,000. The $50,000 rehab covers a new AC system, a foam roof recoat, flooring, a kitchen refresh and pool resurfacing. The bridge loan funds 85% of the price and 100% of the rehab, $305,000, about 87% of cost. The estimated interest-only payment is about $2,669 a month when fully drawn, about $16,012 over six months.
The finished home leases for $2,450 and appraises at $425,000. A rate-and-term DSCR refinance of $305,000, about 72% LTV, pays off the bridge. Estimated principal and interest is about $2,029, taxes are budgeted at $160 a month with no homeowner credit, and insurance at $135. The payment is about $2,324 and DSCR is about 1.05x. In Phoenix, the low tax line is often what lets a single-family BRRRR clear 1.0x.
| Item | Amount |
|---|---|
| Purchase price | $300,000 |
| Rehab budget | $50,000 |
| Total project cost | $350,000 |
| Bridge loan (85% of price plus 100% of rehab) | $305,000 |
| Loan-to-cost | About 87% |
| Estimated monthly interest-only payment, fully drawn | $2,669 |
| 6 months of interest-only payments | $16,012 |
| After-repair value | $425,000 |
| DSCR refinance loan | $305,000 |
| Refinance LTV | About 72% |
| Estimated principal and interest | $2,029 |
| Property taxes | $160 |
| Insurance | $135 |
| Total monthly payment | $2,324 |
| Monthly rent | $2,450 |
| DSCR | About 1.05x |
State law limits how far Arizona cities can go in banning short-term rentals, but Phoenix, Scottsdale and other cities now require licenses or permits, and HOAs can still prohibit them. If you plan a nightly-rental exit, confirm the city license and HOA rules first; our STR program can qualify on projected short-term revenue for properties that can legally operate.
For most Valley rehabs, the exit is a 12-month lease and a DSCR refinance with a 1.0x standard minimum, cash-out up to 75% LTV and up to 80% on some rate-and-term programs, with 30-year terms.
Compare offers by asking each lender the same questions:
Our top pick is LendingStreet: bridge loans from $150,000 to $5M+, rates from 7.99%, closings in as little as 10 days, up to 100% of rehab on some programs and an in-house refinance into a 30-year DSCR loan.
Yes. We finance non-owner-occupied 1-8 unit investment property across Maricopa and Pinal counties, and in all 50 states and DC.
Usually not directly, because the balance is generally due by the next business day. Many investors buy with cash and then refinance, or use a bridge on REO and auction sales that allow time to close.
Yes. Arizona requires residential rental owners to register with the county assessor. Cities may have additional license rules for short-term rentals.
Long-term residential rentals no longer owe city sales tax on rent starting in 2025. Short-term rentals still owe lodging taxes. Confirm current rules with your city.
Yes. Mechanical and roof work is a normal part of a Valley rehab budget, and some programs fund up to 100% of the rehab.
It can if the city license and HOA allow it. Our STR program can qualify on projected short-term revenue for eligible properties.
In as little as 10 days when title, insurance and entity documents are ready.
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