No single rowhome in Camden needs a million-dollar loan. Investors who borrow $1M to $5M+ here are buying in volume: a block of vacant rowhomes, a portfolio from a retiring landlord, or several renovation projects at once.
In short: LendingStreet makes residential investor bridge loans in the Camden area from $1M to $5M+ on 1 to 8 unit properties, with rates from 7.99%, interest-only payments and closings in as little as 10 days. In a lower-cost market like Camden, large balances usually mean packages of homes or several small buildings, and they usually need a full valuation. Exits are typically a sale or a refinance into a blanket or individual DSCR loans.
Camden rowhomes and twins often sell for well under $200,000, even after renovation, so reaching $1M takes many properties. The other route to a large balance is the suburbs: homes in Haddonfield, Cherry Hill or nearby Moorestown can pass $1M, though most investors there buy to lease rather than to flip.
That shapes the loan. On a package, each property is valued, each renovation budget is reviewed, and the exit is usually one blanket DSCR loan or a set of individual loans and sales.
These are the Camden-area deals we see most often at this size:
Our residential investor bridge program runs from $150,000 to $5M+ on 1 to 8 unit properties. Rates start at 7.99% for strong files. Terms are short and interest-only, and closings can happen in as little as 10 days with a complete file, though a large package takes coordination.
Renovation funds are usually held back and released as work is completed and inspected. Experience renovating similar properties in Camden carries real weight, since scope and costs on vacant rowhomes can surprise newer investors.
Leverage depends on condition and plan. A package of leased, renovated homes supports more than a group of vacant shells, and loan amounts are often set property by property and then added up. Shared walls also matter, since a rowhome's condition can depend on the vacant house next door.
This example is illustrative and not a quote. An investor buys 18 vacant rowhomes across Cramer Hill, East Camden and Parkside for $1,620,000, about $90,000 each, with a renovation budget of $990,000, about $55,000 per home.
The bridge loan covers 75% of the purchase price plus the full renovation budget, a total of $2,205,000. Estimated monthly interest-only payments are about $18,375, though interest on held-back renovation funds typically starts only as they are drawn. After renovation, the homes lease at about $1,550 each, or $27,900 a month.
If the homes appraise at about $175,000 each, or $3,150,000 in total, a blanket DSCR refinance at 70% of value would be $2,205,000, enough to retire the bridge. Estimated principal and interest is about $15,192; with taxes and insurance of about $8,100 a month, the total payment is about $23,292 and portfolio DSCR is about 1.20x.
| Stage | Amount |
|---|---|
| Purchase price, 18 rowhomes | $1,620,000 |
| Renovation budget | $990,000 |
| Bridge loan (75% of price plus renovation) | $2,205,000 |
| Estimated monthly interest-only payment, fully drawn | $18,375 |
| Stabilized rent, 18 homes | $27,900 |
| Value after renovation | $3,150,000 |
| Blanket DSCR refinance at 70% | $2,205,000 |
| DSCR after refinance | About 1.20x |
In New Jersey, the seller generally pays the realty transfer fee. New Jersey revised its transfer fees on sales above $1 million in 2025, so on a high-value suburban home, confirm current rates and who pays with your attorney or title company. A package of separately deeded rowhomes is usually handled property by property.
During the bridge term, you carry interest, property taxes, insurance on vacant buildings and utilities. Camden's tax bills on rowhomes are modest in dollars, but suburban bills are large.
| Cost | When | Note |
|---|---|---|
| Realty transfer fee | At closing | Generally paid by the seller |
| Fees on sales over $1 million | At closing | Revised in 2025; confirm current rules |
| Property taxes | During the term | Use current bills for each property |
| Vacant property insurance | During renovation | Get quotes before closing |
Large Camden packages often include properties with open code violations, water and sewer balances or vacant property registrations. Pull the history for each address and order title early. Before leasing, each home needs a certificate of occupancy and, for most pre-1978 units, a lead-safe certification. Permits go through the city, and a large package means many permits at once.
Contractor capacity is the real limit. A crew that can finish three rowhomes at a time will take many months on 18. Lease finished homes as you go, and set a bridge term long enough to finish the last phase.
A package of five or more properties can go into one blanket DSCR loan with release provisions, which lets you sell homes later without refinancing the rest. Individual DSCR loans need each loan to clear the $150,000 minimum, which many Camden rowhomes cannot do alone. Selling some homes to owner-occupants and refinancing the rest is a common hybrid. Our bridge to DSCR guide covers timing and seasoning.
Size the exit to Camden rents and values, not to a best case. If appraisals come in light, a refinance at 70% of value may fall short of the bridge balance, so keep cash available for a paydown or plan a sale of a few homes to close the gap.
Send a spreadsheet with each address, purchase price, renovation budget, expected rent and status, plus your exit plan and a summary of similar projects you have completed. Use the form below or call (877) 298-1001, and tell us your closing date.
Yes. In Camden, large balances usually mean packages of rowhomes and twins or several small buildings.
Our residential investor bridge loans run from $150,000 to $5M+ on 1 to 8 unit properties.
Larger balances usually need a full valuation of each property.
Rates start from 7.99% for strong files. Large balances are priced case by case.
Yes, on many deals. Funds are usually held back and released after inspections.
Usually with a blanket DSCR loan, since many individual rowhomes are too small for a $150,000 loan, or with sales.
The seller generally pays the realty transfer fee. Fees on sales above $1 million were revised in 2025, so confirm current rules.
Not under this program. Nine or more units is commercial.
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