Funded$1.62MFix & FlipCAIn closing$19.5MHospitality BridgeHauppauge, NYIn closing$10.5MSenior Housing BridgeILFunded$1.18MFix & FlipUniversity Place, WAIn closing$1.6M6-Unit MultifamilyNYIn closing$1.46M10-Unit MultifamilyNYFunded$958KFix & FlipEast Meadow, NYIn closing$1.13MMixed-Use DSCRNYTerm sheet$47.2MHotel Reposition BridgeILFunded$163KDSCR RefiKansas City, KSTerm sheet$19.5M200-Unit Multifamily BridgeFLTerm sheet$15.2MLand BridgeCOFunded$137KDSCR RentalRaytown, MOTerm sheet$13MLand BridgeCATerm sheet$10.8M54-Unit ConstructionAZFunded$978KCommercialWhite Settlement, TXTerm sheet$7MLandGATerm sheet$1.37MGround-Up SFRMDFunded$2.75MMultifamily BridgeSilver Spring, MDTerm sheet$1.28MDSCR CondoFLTerm sheet$1.18MMixed-Use DSCRNYFunded$3.15MMultifamilyFort Myers, FLTerm sheet$1.13MMixed-Use DSCRNYTerm sheet$1.07M25-Unit MultifamilyMIFunded$116KDSCRGrandview, MOTerm sheet$1.05MCommercial ConstructionFLTerm sheet$1.05MCommercial BridgeMITerm sheet$975KCommercial RefiILTerm sheet$880K16-Unit MultifamilyFLTerm sheet$840K26-Unit MultifamilyALTerm sheet$800K9-Unit MultifamilyDCTerm sheet$438KCommercial Cash-OutMITerm sheet$353KDSCR Cash-OutTN
(917) 993-9194
SFR in Washington, DC

Closed Deal · #37

$1,065,750 Fix & Flip — SFR in Washington, DC

12-Mo Bridge IO — 87% LTC + Rehab Holdback

Deal terms

Property type
SFR
Location
Washington, DC
Loan type
Fix & Flip
Program
12-Mo Bridge IO — 87% LTC + Rehab Holdback
Leverage
87% LTC
Rate
N/A
Deal value
$1,065,750

How we structured it

A seven-figure rowhouse renovation on 16th Street NW — one of the strongest north-south corridors in the District, walkable to Columbia Heights and Mount Pleasant with sustained demand for finished single-family product.

Structured at 87% of total cost with a $200,500 rehab holdback released across inspected draws, so the sponsor carried minimal cash into a heavy scope. Deals at this basis live or die on the renovated comp set and on draw discipline — both were underwritten up front rather than negotiated mid-project. Figures reflect this transaction; every deal varies.

Related closed deals

SFR in Cleveland, OH

DSCR

SFR · Cleveland, OH

$135,000 · 30-Yr DSCR

SFR in Washington, DC

Fix & Flip

SFR · Washington, DC

$1,017,700 · 12-Mo Bridge IO — Heavy Rehab

SFR in Falls Church, VA

Fix & Flip

SFR · Falls Church, VA

$432,000 · 12-Mo Bridge IO — 90% LTC / 100% Rehab

See all 39 closed deals →

Have a Fix & Flip deal we should look at?

Submit your scenario. We'll come back with a real term sheet — not a teaser rate — within 24 hours.

Get Your RateCall (917) 993-9194
CallApply Now