Ridge Street Capital

Ridge Street Capital is a direct private lender that finances investment property and nothing else. That focus shapes the underwriting. A loan officer reads every file rather than handing the decision to an automated scoring model, and Ridge Street Capital finances projects it expects the investor to profit from. When numbers do not support a deal, the firm says which figure breaks it.

DSCR rental loans qualify on the property’s rental income rather than the borrower’s tax returns, with 30-year terms, loan amounts from $55,000, rates from 6.0%, up to 80% LTV, origination from 0%.

Ridge Street Capital offers a dedicated loan program for short-term rentals, including Airbnb and vacation properties with no rental history. The program uses AirDNA market data for the property's ZIP code to evaluate projected rental income instead of relying on long-term lease comparables.

Ridge Street’s fix-and-flip and hard money loans finance both the purchase and renovation, with loan amounts starting at $50,000. Qualified borrowers can finance up to 90% of the purchase price and 100% of the rehab budget, with no prepayment penalty. First-time investors with strong credit can also qualify for this level of financing, even without prior flipping experience.

Term sheets go out within 2 business hours. Fix and flip loans close in 7 to 10 days and DSCR loans in 21 to 25 days. Ridge Street Capital lends in 36 states and has funded nearly $100 million in investment property loans.

Licensed states: 
AL, AR, CO, CT, DC, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MS, MO, MT, NE, NH, NM, NY, NC, OH, OK, PA, RI, SC, TN, TX, WA, WV, WI, WY