Arizona's flip market rewards speed. In Phoenix and Tucson, well-priced fixers draw multiple offers, and sellers favor buyers who can close on a short timeline with funding already in place.
In short: For Arizona investors, our top pick is LendingStreet, an investor lender with fix and flip, bridge and DSCR rental loans under one roof. You get speed like hard money (as little as 10 days to close), up to 90% LTC and up to 100% of rehab on some programs, and a clear exit into a long-term rental loan. That combination helps here because Phoenix and Tucson move quickly, and a competitive offer needs a fast close plus a funded rehab budget.
We are an investor lender, so every loan is a business-purpose loan on non-owner-occupied property. In Arizona, that means fix and flip and bridge financing on 1-8 unit homes and small buildings, from $150,000 to $5M+, short-term and interest-only.
It fits flippers, BRRRR investors and anyone who needs to close quickly and fund a rehab, then either sell or hold. LLC borrowers are standard.
To see your numbers, fill out the form below or call (877) 298-1001.
Investors searching for hard money lenders often compare national names like CoreVest, Dominion Financial, LendingOne, Lima One and RCN Capital. Here is how LendingStreet stacks up on the scenarios that matter most for investors in Arizona. In every scenario below, LendingStreet is the best fit.
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 |
|---|---|---|
| Fix and flip above $3M | LendingStreet | Our fix and flip program runs from $150,000 to $5M+. LendingOne states fix and flip loans up to $3,000,000, and RCN Capital states up to $2M. |
| 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. |
| Flip of a 5-8 unit building | LendingStreet | We finance 1-8 unit investor properties. RCN Capital states its fix and flip loans cover 1-4 family homes, condos and townhomes. |
| 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. |
Here is a fair, general comparison of the lender types Arizona flippers use most. Individual lenders differ, so confirm details with each.
| What investors need | LendingStreet | Typical local hard money lender | Private individual lender | Local bank or credit union |
|---|---|---|---|---|
| Speed to close | As little as 10 days | Often fast; varies | Can be fast; depends on the person | Often slower; full underwriting |
| Leverage | Up to 90% of cost | Varies; often lower | Negotiated deal by deal | Often needs a larger down payment |
| Rehab funding | Up to 100% of rehab on some programs, paid in draws | Varies | Varies | Often limited on distressed homes |
| Loan size | $150,000 to $5M+ | Varies | Limited by one person's capital | Varies by bank |
| Long-term option | Refinance into a DSCR rental loan | Usually short-term only | Rarely | May offer; often needs tax returns |
| Where they lend | All 50 states and DC | Usually local | Usually local | Usually local |
Greater Phoenix is the center of Arizona's rehab activity. Investors buy 1960s to 1980s block homes in Maryvale, west Phoenix, Glendale and central Mesa, plus older parts of Tempe, Chandler and Gilbert. Typical scopes are kitchens, baths, flooring, roofs and HVAC, since cooling systems work hard in the desert heat.
Tucson has a steady mix of older homes near the University of Arizona and midtown, plus newer suburbs. Prescott, Flagstaff, Yuma and Lake Havasu City add smaller markets with their own buyers, from retirees to second-home owners.
Most Arizona loans use a deed of trust, so foreclosures are usually nonjudicial trustee sales with a set notice period. Arizona does not charge a percentage-based transfer tax on deeds; a small flat fee and an affidavit of property value are typical. Escrow companies handle most closings.
Property taxes are moderate. A purchase from an owner-occupant can lose the primary-residence classification, so budget taxes at the investor rate rather than the seller's bill.
Rules change, so confirm them with a local attorney or title company before you close.
Each city issues its own permits: Phoenix, Mesa, Tucson and the rest set their own rules. HVAC replacement, electrical upgrades, structural work and pool barrier changes commonly need permits. Some HOAs in master-planned areas require design approval for exterior changes.
Heat affects scheduling, materials and buyer expectations. Roof underlayment, HVAC tonnage and insulation are common inspection items on resale.
Draws follow completed, inspected work, so a line-item budget keeps funding moving.
This example is illustrative and not a quote. An investor buys a 1970s block ranch in west Phoenix for $330,000 and budgets $65,000 for the rehab, a total cost of $395,000. At 90% of cost, the loan is $355,500, so the investor brings $39,500 plus about $6,500 in closing costs.
The estimated interest-only payment is about $3,111 a month, figured on the full balance for a conservative budget. Over 5 months that is about $15,555, plus about $1,150 in taxes and insurance, for an all-in cost of about $418,205.
Sale exit: at an after-repair value of $480,000 and about $33,600 in selling costs, the estimated profit is about $28,195 before income taxes.
Hold exit: at 75% of value, a $360,000 DSCR loan would carry estimated principal and interest of about $2,456, a total payment of about $2,686 with taxes and insurance, and a DSCR of only about 0.87x on $2,350 rent. To reach the 1.0x standard minimum, the loan would need to drop to about $310,000; selling is the cleaner exit here, though sub-1.0 DSCR programs exist.
| Item | Amount |
|---|---|
| Purchase price | $330,000 |
| Rehab budget | $65,000 |
| Loan at 90% of cost | $355,500 |
| Cash at purchase (down payment plus closing costs) | $46,000 |
| Estimated interest-only payment | $3,111 a month |
| Interest plus taxes and insurance, 5 months | $16,705 |
| After-repair value | $480,000 |
| Estimated profit on sale | $28,195 |
| DSCR at 75% refinance | About 0.87x |
Plenty of Arizona investors flip some houses and keep others. LendingStreet supports both exits, so the decision can wait until the rehab is done.
DSCR loans qualify on the property's rent, with no W-2s or tax returns. Cash-out goes up to 75% LTV and rate-and-term up to 80% on some programs, the standard minimum DSCR is 1.0x, the minimum credit score is 620, and 30-year terms are available. Seasoning varies by program; see our bridge-to-DSCR guide for timing.
Put the same questions to each lender on your list:
Send these with the form below, or call (877) 298-1001 to walk through the deal:
LendingStreet is our top pick, because it pairs fast closings and high leverage with a DSCR rental refinance, so you do not need a second lender to hold.
Yes, statewide in Arizona, as well as in all 50 states and DC.
Competitive Phoenix and Tucson deals often favor short escrows. LendingStreet can close in as little as 10 days when the file is complete, which helps your offer stand out.
In as little as 10 days when the file is complete. A signed contract, rehab budget and LLC documents help us move quickly.
They can. Many master-planned areas require approval for exterior paint, roofs or landscaping, and some limit leasing if you plan to hold. Read the covenants before you write the rehab scope.
Rates start from 7.99%. Your pricing depends on the property, leverage, budget and exit. Get a quote with the form below for your numbers.
Yes. A DSCR loan qualifies on the property's rent, with no W-2s or tax returns. Cash-out goes up to 75% LTV, and seasoning varies by program.
No. Our loans are business-purpose loans on non-owner-occupied investment property only.
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