Flipside Lending funded a $374,500 bridge refinance on a single-family property in San Antonio’s Dignowity Hill neighborhood. The 2,103 square foot residence also includes a nearly completed accessory dwelling unit (ADU), which was not factored into the current appraisal, providing future upside value.
The borrower, a repeat Flipside client with a proven track record in both fix-and-flip and DSCR strategies, sought short-term capital to hold the property while establishing a short-term rental operating history. Once stabilized, the plan is to refinance into long-term DSCR financing.
Flipside structured financing at 70% LTC, giving the borrower time to execute the business plan while maintaining conservative credit standards. The transaction also reflects Flipside’s relationship-driven lending, as the borrower has successfully completed multiple deals with the same loan officer.
This deal demonstrates Flipside’s ability to provide flexible bridge solutions that position investors for long-term success.
Looking to bridge your next investment property?
Reach out to sales@flipsideloans.com to discuss your next deal.
