---
title: Secured and Funded - A Foundation Fix & Flip Success!
description: Discover how Foundation Specialty Finance helped a first-time investor with extensive construction experience overcome common lending hurdles, securing a $260,000 bridge loan for a successful fix-and-flip project in Lexington Park, MD.
---

[FSF Insights ](https://foundationspecialtyfinance.com/insights)

# [Secured and Funded - A Foundation Fix & Flip Success!](https://foundationspecialtyfinance.com/insights/secured-and-funded-a-foundation-fix-flip-success)

 Written by [Andrew Michael](https://foundationspecialtyfinance.com/insights/author/andrew-michael) | Oct 23, 2024 11:49:24 PM

#### **Overcoming First-Time Investor Challenges**

When Andrew Michael’s client approached us, they faced a challenge that many first-time investors encountered: no prior investment track record. Most lenders refuse to honor trade experience unless borrowers have previously owned and operated an investing entity. While a first-time investor, this borrower had extensive construction experience and completed the renovation themselves. They needed a lender who could see beyond the conventional track record requirements.

##### **Key Pain Points Solved:**

Challenge:  Most lenders require a history of flips before extending financing.  
Solution:  We worked closely with the borrower, educating them throughout the process and valuing their construction background, even without a formal investment record.

##### **Deal Highlights:**

- **New Borrower:** This was their first technical fix and flip.
- **Self-Managed Construction:** The borrower completed the renovation, using their trade experience to transform the property.
- **Investor Education:** We provided guidance and support to ensure they had a successful outcome.

##### **Attracting First-Time Investors**

At Foundation Specialty Finance (FSF), we evaluate compensating factors beyond the standard criteria set by aggregators. Whether you have a track record in construction or are stepping into your first fix-and-flip project, we value your unique experience and will work with you to structure a deal that fits.

> **Client Quote:**  
> **"Thank you so much, Andrew. We appreciate your kindness and support, and for always looking after us. You and Jon worked very hard to get us to a successful conclusion of this project. Thank you, Andrew, this means a lot to us." **
> 
> *Best,  
> Tom and Sonia*

##### **Loan Highlights:**

**Loan Officer:** Andrew Michael  
**Property Address:** Lexington Park, MD 20653  
**Loan Type:** Bridge Fix and Flip  
**Loan Amount:** $260,000  
**After Repair Value (ARV):** $429,000

 

[View full post](https://foundationspecialtyfinance.com/insights/secured-and-funded-a-foundation-fix-flip-success)

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