AZ Market
Bridge, Flip & Construction
Loans in Arizona
Bridge, fix & flip, construction, renovation and DSCR loans for investors buying in Arizona, from the US or abroad, on the same terms. $1M to $5M. Foreign nationals welcome.
Arizona, and the Phoenix metro above all, is a core market for fix & flip, spec construction and build-to-rent. Passy Capital finances real estate investors who buy, renovate and build residential investment property in Phoenix, Scottsdale, Tucson and the surrounding cities: bridge loans, fix & flip loans and ground-up construction loans from $1M to $5M, with renovation and DSCR financing for the hold.
We lend to Arizona operators and to investors buying from abroad on the same terms. A non-US investor borrows through a US LLC, with no US credit history and no Social Security number required. Arizona adds one step for owners outside the state: a rental must be registered with the county assessor along with an in-state statutory agent.
Term sheets go out in 24-48 hours and a clean file closes in about two weeks. Leverage runs up to 90% of cost on fix & flip and renovation, up to 85% of cost on ground-up construction, and up to 80% of value on bridge and DSCR loans. Business-purpose lending only, on non-owner-occupied property. Larger commercial deals are placed through our capital-partner network.
Arizona Market Highlights
Flip and Build-to-Rent
Phoenix was among the five large US metros with the highest flipping rate in ATTOM's Q2 2026 report (8.9% of sales), and is one of the largest build-to-rent markets in the country.
Trustee Sale in 91 Days
Deeds of trust allow a non-judicial trustee sale no sooner than 91 days after the notice is recorded (A.R.S. 33-808).
No Transfer Tax
The state constitution bars new taxes on transfers of real property. A deed records with an affidavit and a small fee.
No City Tax on Long-Term Rents
Cities have been barred from taxing residential rentals of 30 days or more since January 1, 2025.
2.5% Flat Income Tax
Arizona taxes individual income at a flat 2.5%.
Same Terms From Abroad
Foreign nationals borrow through a US LLC with no US credit history and no foreign-national premium.
Cities We Serve
Phoenix
Scottsdale
Tucson
Mesa
Chandler
Gilbert
Tempe
Glendale
Peoria
Queen Creek
Buckeye
Paradise Valley
Property Types We Finance
Single-Family
2-4 Units
Condos & Townhomes
Small Multifamily (5-9)
Spec Homes
Build-to-Rent
SFR Portfolios
Renovation Projects
Loan Programs
Bridge Loans
Buy, refinance or cash out an investment property, closing in about two weeks.
Construction
Ground-up spec homes and build-to-rent, with draws tied to milestones.
Renovation / Rehab
Rehab financing on 1-4 unit and small multifamily, drawn against completed work.
Fix & Flip
Purchase and rehab in one loan for 1-4 unit flips, closing in about two weeks.
DSCR / Rental
Long-term rental financing based on property cash flow.
Arizona financing by asset class
Each asset class has distinct financing dynamics in Arizona. Browse the asset-specific pages for market context, loan products, and FAQs.
AZ · Single Family & 1-4 Unit
Arizona Single Family & 1-4 Unit →
Bridge, fix and flip, renovation and DSCR loans on Arizona houses and 2-4 units, $1M-$5M.
AZ · Ground-Up Construction
Arizona Ground-Up Construction →
Ground-up construction loans for Arizona spec homes and small residential builds, up to 85% LTC, $1M-$5M.
AZ · Build-for-Rent
Arizona Build-for-Rent →
Build-for-rent loans in Arizona: ground-up up to 85% LTC, then a DSCR take-out once leased.
Other US Markets
We finance investment property for US and foreign investors in other markets too.
FL
Florida →
No-tax growth market, Miami, Orlando, Tampa
TX
Texas →
Population boom, Dallas, Houston, Austin
CA
California →
Spec builds and flips, Los Angeles, Bay Area, San Diego
NY
New York →
1-4 unit and small multifamily, NYC, Brooklyn, Long Island
GA
Georgia →
Flips and spec builds, Atlanta metro
TN
Tennessee →
Build-to-rent and rentals, Nashville, Memphis
NC
North Carolina →
Spec builds and flips, Charlotte, Raleigh
CO
Colorado →
Flips, infill and rentals, Denver metro
IL
Illinois →
Two-flats, flips and rentals, Chicago
OH
Ohio →
Flips and buy-and-hold, Columbus
WA
Washington →
Infill and middle housing, Seattle
VA
Virginia →
Flips and rentals, Richmond
SC
South Carolina →
Flips and coastal rentals, Charleston
MT
Montana →
Higher-price builds and rentals, Bozeman
NJ
New Jersey →
Flips and small multifamily, Jersey City, Newark
PA
Pennsylvania →
Rehabs and flips, Philadelphia, Pittsburgh
MO
Missouri →
Flips and rentals, St. Louis, Kansas City
Have a deal in Arizona?
Submit your deal in 2 minutes. We'll review it and get back to you within 24 hours with financing options.
Submit a DealWhat is specific about lending in Arizona
- Deed of trust and trustee sale. Arizona investment property loans are typically secured by a deed of trust. Under A.R.S. 33-808, a trustee sale can take place no sooner than 91 days after the notice of sale is recorded, without going to court.
- No transfer tax. Arizona has no real estate transfer tax, and Article 9, Section 24 of the state constitution bars new taxes on the transfer of real property. A deed is recorded with an affidavit of property value and a small filing fee.
- Rental registration, and a local agent for owners abroad. Under A.R.S. 33-1902, every residential rental must be registered with the county assessor, and an owner who lives outside Arizona must designate a statutory agent in the state to accept legal service. For an LLC, the registration lists its managers or members. A foreign investor's LLC handles this when the property is rented.
- No city tax on long-term rents. Since January 1, 2025, Arizona cities can no longer levy transaction privilege tax on residential rentals of 30 days or more. Short-term rentals remain subject to tax and, in cities such as Scottsdale, to a local license.
- Water supply and new lots. New subdivisions in the Phoenix and Tucson areas need a 100-year assured water supply. For a ground-up loan we confirm that the lot sits in an approved subdivision or within a designated water provider's service area before we size the construction budget.
Buying in Arizona from outside the US:
Frequently asked questions
What do you finance in Arizona?
Bridge loans, fix & flip loans and ground-up construction loans for spec homes and build-to-rent, plus renovation loans and DSCR loans as the hold or exit. Property types are single-family, 2-4 units, condos and townhomes, small multifamily up to 9 units, build-to-rent communities and SFR portfolios. Loans run from $1M to $5M, business-purpose only.
How much leverage is available on an Arizona flip or build?
Up to 90% of cost on fix & flip and renovation, up to 85% of cost on ground-up construction, and up to 80% of value on bridge and DSCR loans. The fee is 1-2% of the loan, paid at closing, with no upfront fees.
Can a foreign national finance Arizona investment property?
Yes. The loan is made to your US LLC and underwritten on the property, not on a US credit history, so a non-resident borrows on the same terms as a US investor. If the property will be rented, Arizona requires an owner outside the state to name an in-state statutory agent when registering the rental with the county assessor.
How does foreclosure work in Arizona?
Most loans are secured by a deed of trust, which allows a trustee sale without a court case. Under A.R.S. 33-808 the sale cannot be held sooner than 91 days after the notice of sale is recorded.
Arizona City Guides
Bridge, fix & flip and construction financing in each Arizona market we cover.