Phoenix investors buy a lot of the same thing: block homes from the 1960s through the 1990s that need a new kitchen, a new AC unit and a refreshed pool. The deals move fast.
In short: Our top pick for hard money style financing in Phoenix is LendingStreet. We close in as little as 10 days, fund up to 90% of cost with up to 100% of rehab on some programs, and offer DSCR rental loans for the homes and duplexes you keep. In a market where many deals could go either way, one lender for both exits is a real advantage.
Why do investors in Phoenix choose LendingStreet over a typical hard money shop? Because the same team that funds the flip can also write the long-term rental loan. Our fix and flip and bridge loans run from $150,000 to $5M+, close in as little as 10 days, and can cover up to 90% of total cost, with rates from 7.99%.
It fits investors buying block ranch homes across the Valley, duplexes and fourplexes in Mesa, Tempe and central Phoenix, and older homes that need roofs, HVAC and pool work. Phoenix rewards a fast, funded offer, and many investors here move between flips and rentals depending on the deal.
Send the address, price, rehab budget and exit plan through 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 Phoenix, AZ. 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. |
Valley investors usually compare LendingStreet with local hard money lenders, private money and banks. This is a general, fair comparison; confirm details with each lender.
| What investors need | LendingStreet | Typical local hard money lender | Private individual lender | Local bank or credit union |
|---|---|---|---|---|
| Close quickly | As little as 10 days | Often fast; varies by lender | Can be fast; depends on the person | Usually slower; full underwriting |
| Leverage | Up to 90% of cost | Varies; often lower | Negotiated deal by deal | Often a larger down payment |
| Rehab money | Up to 100% of rehab on some programs, in draws | Varies | Varies | Often limited on distressed property |
| Long-term rental loan | DSCR refinance in-house | Usually short-term only | Rarely | Possible; often needs tax returns |
| Loan size | $150,000 to $5M+ | Varies | Limited by one person's capital | Varies by bank |
| Flip or hold in the same plan | Fix and flip plus DSCR from one lender | Usually flip only | Usually flip only | Hold loans; slower on rehab |
In the city, investors buy in Maryvale, Alhambra, Sunnyslope, South Mountain and Laveen, and in older central neighborhoods like Encanto and Coronado where 1940s and 1950s homes draw design-minded buyers. East Valley cities, including Mesa, Tempe, Chandler and Gilbert, have large supplies of 1970s to 1990s homes plus small multi-unit buildings near Arizona State University and the light rail.
In the West Valley, Glendale, Peoria and Avondale offer slab-on-grade block homes that suit quick cosmetic flips. Outer suburbs like Buckeye, Queen Creek and San Tan Valley are dominated by newer homes, where competition from new construction can cap resale prices.
Arizona does not charge a percentage-based transfer tax on deeds, so closing costs are lighter than in many states. Escrow and title companies handle most closings, and a small affidavit fee is typical. Property taxes are moderate, but a purchase from an owner-occupant can lose the primary-residence classification, so budget taxes at the investor level.
Arizona loans typically use a deed of trust, and most foreclosures are nonjudicial trustee sales. Confirm current details with a local title company or attorney.
Each Valley city runs its own permit office, and HVAC replacement, electrical upgrades, structural work and pool changes commonly need permits. Pools must meet barrier rules, and HOAs in master-planned communities may require design approval for exterior work.
Summer heat shapes the job. HVAC tonnage, ductwork, roof underlayment and insulation are frequent inspection items, and summer crews work shorter days. Phoenix also allows short-term rentals with a city permit, but HOAs can restrict them, so check before you plan a nightly-rental exit.
This example is illustrative and not a quote. An investor buys a dated Mesa duplex for $410,000 and budgets $70,000 to renovate both units, a total cost of $480,000. At 90% of cost, the loan is $432,000. The investor brings $48,000 plus about $8,000 in closing costs, or $56,000 in all.
The estimated interest-only payment is about $3,780 a month on the full balance. Over 5 months that is about $18,900, plus about $1,550 in taxes and insurance, for an all-in cost of about $508,450. At a $585,000 resale with about $38,025 in selling costs, the estimated profit is about $38,525 before income taxes.
To hold instead, a DSCR refinance at 75% of $585,000 is $438,750, which pays off the flip loan. Estimated principal and interest is about $2,993; with $170 in taxes and $160 in insurance, the payment is about $3,323. At $3,400 in combined rent, DSCR is about 1.02x, just above the 1.0x standard minimum.
| Line item | Amount |
|---|---|
| Purchase plus rehab | $480,000 |
| Loan at 90% of cost | $432,000 |
| Cash to close incl. closing costs | $56,000 |
| Estimated interest-only payment | $3,780 a month |
| All-in cost | $508,450 |
| Selling costs | $38,025 |
| Estimated profit before income taxes | $38,525 |
A complete file is the quickest way to a clear term sheet. In the Valley, sellers and wholesalers often set short deadlines, so have these ready before you make offers.
Every loan is a business-purpose loan on non-owner-occupied property, and LLC borrowers are standard, so set up your entity early if you plan to buy in one.
Use this list on every lender you talk to, including us.
How we answer: up to 90% of total cost and up to 100% of rehab on some programs; a standard 1.0x DSCR minimum on the hold exit, with sub-1.0 options; seasoning that varies by program; LLCs welcome; closings in as little as 10 days; and loans from $150,000 to $5M+, with larger balances reviewed case by case.
Phoenix gives investors real choice. Strong resale demand supports flips, while moderate taxes and solid rents make many duplexes and single-family homes work as long-term DSCR rentals that qualify on rent, with no W-2s or tax returns. Run both before you commit.
Get a quote with the form below or call (877) 298-1001 to price a Phoenix deal.
Our top pick is LendingStreet. We offer hard money style speed with closings in as little as 10 days, up to 90% of cost and up to 100% of rehab on some programs, plus a DSCR refinance when you hold.
Yes. We lend across Phoenix, Maricopa County and Arizona, and in all 50 states and DC.
Arizona does not charge a percentage-based deed transfer tax. A small affidavit fee and normal title and escrow costs apply.
Yes. We finance 1-8 unit residential investment properties, including duplexes and fourplexes.
Possibly. Phoenix requires a permit for short-term rentals, and HOAs can restrict them. Confirm the rules before you rely on nightly income.
Yes. LLC borrowers are standard on our business-purpose loans.
Rates start from 7.99%. Pricing depends on the deal, leverage and your experience.
2-3 competing quotes from 30+ capital sources. No credit pull. No commitment.
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