sales@flipsideloans.com

Done Deal: Boston, MA Bridge Acquisition

  • Location: Boston, MA
  • Project Type: Bridge Acquisition
  • Property Type: 4-Unit Brownstone for Condo Conversion
  • Loan-to-Cost (LTC): 88%
  • Loan -to-After Repair Value: 59%
  • Interest Rate: 9.50%
  • Loan Amount: $2,350,000
  • Loan Term: 18 months
  • Closing Timeline: 6 business days

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.

The borrowers, a husband-and-wife team with extensive experience in Boston’s residential market, have built a focused strategy around acquiring, renovating, and converting 1–4 unit brownstones into high-end condos. With one partner a licensed contractor and the other a real estate agent, they brought both speed and clarity to the table—and needed a lender who could match it.

The borrowers emphasized the importance of a full 18-month term to execute their vision, and Flipside delivered with a tailored structure: 88% LTC, 59% LTARV, and draw flexibility to support a multi-phase renovation plan.

This deal underscores our ability to move fast without sacrificing thoughtful structuring. It’s also a testament to the kind of real partnerships we aim to build—where execution power meets long-term strategy.

Need a lender who can move at your pace and understand your business plan? Reach out to sales@flipsideloans.com to discuss your next deal.