At Flipside Lending, we take pride in being a trusted financial partner for developers bringing transformative projects to life. We’re excited to announce that we’ve provided a $5,000,000 construction loan for the first phase of a promising 56-lot townhome development in Nashville, TN.
Flipside Lending recently funded this ground-up construction project consisting of three single-family homes in the growing Boise, Idaho market.
Flipside Lending successfully funded a light renovation project in the luxury residential market of Westport, Connecticut—one of the most competitive and high-value zip codes in the Northeast.
Flipside Lending recently funded a $2.35MM bridge loan for the acquisition of a 4-unit Boston brownstone—closing the deal in just 6 business days from start to finish.
Flipside Lending recently closed a $2.4MM acquisition bridge loan for an experienced sponsor purchasing a portfolio of 18 newly constructed townhomes in Albemarle, North Carolina.
Flipside Lending recently closed a DSCR refinance for a portfolio of eight stabilized townhomes in North Carolina. The sponsor had acquired the properties through an acquisition bridge loan that we originally funded, and subsequently executed a successful lease-up strategy across all units.
Flipside Lending recently funded a $1.9MM fix and flip loan for the acquisition and light renovation of a 3-unit residential property in Charlestown, Massachusetts. The sponsor’s business plan is to complete targeted non-structural updates (new kitchens, added bathrooms, and selective wall relocations) before converting the property into three high-end condominiums for resale.
Flipside Lending recently funded a DSCR loan for the acquisition of a two-bedroom condominium in Kailua, Hawaii. The borrower contributed $215,000 through a 1031 Exchange, with Flipside financing the remaining balance.
Flipside Lending recently funded a DSCR loan for a newly constructed single-family residence with an accessory dwelling unit (ADU) in Lahaina, Hawaii.
Flipside Lending recently funded a DSCR loan for a newly constructed single-family residence with an accessory dwelling unit (ADU) in Lahaina, Hawaii. This transaction is the first of seven DSCR loans expected to close with the same sponsor over the next 60 days.
Flipside Lending funded the second of seven DSCR loans expected to close in the next 60 days for a repeat sponsor. This luxury single-family residence includes an accessory dwelling unit (ADU). The main home has a lease at $22,000/month, and the ADU is expected to generate an additional $3,800–$4,000/month, bringing total projected rental income to approximately $26,000/month.
Flipside Lending recently funded a DSCR loan for the acquisition of a newly constructed single-family residence in Hawaii. This transaction represents the first of four new construction DSCR loans expected to close with the same sponsor in the next three months.
