Fix & Flip Loans · New York
Fix and flip bridge loans for
New York investors.
Benchmark Bridge Capital loans for acquisitions and renovation, not tax returns. For distressed property investors and value-add investors across Nassau County, Suffolk County and NYC Metro.
Direct Fix & Flip Lender
One loan, from purchase contract to
renovated exit.
Benchmark bridge capital mortgage was founded because traditional banks were failing New York real estate operators — too slow, too rigid, and too disconnected from the way deals actually work in Nassau County, Suffolk County, and the five boroughs.
We are a direct private lender, headquartered in Great Neck and operating in Manhattan. We fund bridge loans, construction loans, fix-and-flip, DSCR rental, and large commercial transactions — all for LLC and corporate borrowers only.
How It Works
ARV-based underwriting, built for speed.
Fix and flip loans are not like an ordinary home loan. This is what really is influencing approval and loan sizes.
After-Repair Value (ARV) Basis
Underwriting
We size the loan based on the value of the property after the rehab (not just sale price) so your rehab plan is a key to your leverage.
Acquisition + Renovation, One Loan
Structure
Purchase money and a rehab holdback are all in one facility. One closing, one draw schedule, one lender to deal with until it's done.
Rehab Holdback on Draw
Draws
Renovation funds are held back and released as work is completed and inspected – interest is not earned on undrawn holdback dollars.
Deal-First, Not Income-First
Qualification
Asset based underwriting means that the property and your exit plan are filed, rather than W-2s and personal tax returns.
Funding Timeline
Closed in 5–10 business days.
Speed is the point of a fix and flip bridge loan. Here’s roughly how a funded file moves, once your package is complete.
Day 0-1
Submit the Deal
Purchase contract, scope of work, and rehab budget submitted for review.Day 1-3
Underwriting & Valuation
ARV and as-is value assessed; term sheet issued.Day 3-7
Title & Docs
Title work clears and closing documents are prepared.Day 5-10
Funded at Closing
Acquisition funds disburse at closing; rehab holdback opens for draws.Direct Fix & Flip Lender
Fix & flip loan amounts and terms.
Figures reflect our current fix and flip lending scope. Confirm live rates and structuring on a per-deal basis before publishing or quoting.
PARAMETER
FIX & FLIP TERMS
Loan Amount
Loan Amount
Max Loan-to-Cost (LTC)
Up to 90%
Max After-Repair Value (ARV)
Up to 75%
Term Length
6 to 18 months
Interest Structure
Charged on outstanding balance only; rehab holdback accrues only when drawn
Eligible Borrowers
LLC and corporate entities only; non-owner-occupied investment property
Funding Timeline
5 to 10 business days from a complete submission
Geography
Nassau County, Suffolk County, NYC Metro
Example Deal Structure
How the numbers typically pencil out.
Illustrative only; every file is underwritten on its own purchase price, scope of work, and comparable sales.
Reading the structure.
The loan will finance most of the purchase and rehab expenses, and remain well below the ARV. The acquisition funds pay out at closing with the $80,000 renovation budget in a holdback that's paid out in draws as the work is finished and inspected.
Who This Is For
Designed for property investors facing distress and value-added properties.
This loan if your business plan is buy, improve and sell (or refinance), is designed around that.
Construction Bridge Loans
Fix & flip financing is a form of construction bridge lending.
The construction bridge loan and renovation holdback are essentially the same type of bridge loan described on this page, which are found in the structure that is being acquired along with the renovation which will be funded by long-term permanent financing all the time after the bridge loan is repaid. For light-to-moderate scope-of-work projects, cosmetic renovation through gut rehab on a non-owner-occupied property, our fix and flip loan program is the construction bridge loan.
If you're looking for a ground-up build, check out our New Construction Loans program for complete builder-developer projects where a phased draw schedule is planned by our in-house team, instead of renovating an existing structure.
Strategic Capital Advisors
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Frequently Asked Questions
Fix & flip loans, answered directly.
What is a fix and flip loan?
A fix and flip loan are a short-term loan used to purchase and repair a non-owner-occupied investment property using a single facility, and is underwritten based primarily on the property’s after-repair value.
What is the quickest time to close a fix and flip?
The typical turnaround time for a complete submission and the most time it takes to get the money for a fix and flip bridge loan is between 5 and 10 business days, provided that they fully understand the business and do not require the borrower to produce proof of personal income.
What's the difference between a fix and flip loan and a construction bridge loan?
In the case of renovation scale projects, they refer to the same product: short-term bridge capital; a combination of acquisition and construction/rehab funds. For larger ground-up or major renovation projects, more often the term “construction bridge loan” is used; for these, check out our New Construction Loans program.
Is the loan based on my income or the property?
The property. We underwrite based on the deal; purchase price, scope of work, after-repair value, and not personal tax returns or W-2 income.
Is there a requirement for contracting experience?
The typical borrower we seek is typically a seasoned fix and flipper. A proven history on similar projects can help negotiate terms, but this is measured in conjunction with the deal.
READY TO MOVE?
Let's Build Your Financial Bridge Today.
Contact us to discuss your next loan or investment opportunity.
QUICK LINKS
RESOURCES
SERVICES
- Fix and Flip Loans
- New Construction Loans
- DSCR Rental Loans
- Commercial Bridge Loans
- CommercialReal Estate
- Construction Draw Inspections
- Bridge Loans Nyc
