Foster City is a planned lagoon community built on bay fill in the 1960s and 1970s, laid out around a network of waterways with homes in Marlin Cove, Whaler's Cove, Beach Park, and Treasure Isle backing to the water. Its central-Peninsula location along Highway 92 and 101 puts it between San Mateo and the Silicon Valley job centers, and biotech and finance employers such as those on the Metro Center and Vintage Park campuses anchor local jobs. The housing is largely original-era townhomes, condos, and single-family homes, much of it now dated, which gives renovation-minded investors clear value-add potential in a market with strong owner-occupant and rental demand tied to the schools and the tech workforce.
Fidelity Funding is a direct, asset-based lender, so a Foster City investor works directly with the people who fund the loan. We underwrite the property and the plan rather than tax returns, and we typically close in five to ten business days. Whether you are updating a waterfront townhome in Marlin Cove, renovating a dated Beach Park single-family, or holding a DSCR rental for the biotech workforce, our capital keeps pace with this competitive lagoon-community market.
Foster City fits the classic suburban California fix-and-flip profile: a $1.33M median, predictable comp sets, and a deep first-time-buyer pool.
Most Foster City loans we fund are standard cosmetic or cosmetic-plus-kitchens flips with predictable 4 to 6 month timelines and clean comp sets. Local pocket coverage includes Marlin Cove, Whaler's Cove, Beach Park, Treasure Isle and adjacent Foster City submarkets.
Estimated local median: $1.33M · Typical loan range: $865K – $1.66M · Top program: fix-and-flip and DSCR rental
Most Foster City private money loans we fund range from $865K to $1.66M, sized against an estimated local median around $1.33M. Loans outside that range are case-by-case based on parcel and scope.
For Foster City, our highest-volume program is fix-and-flip and DSCR rental. We also fund bridge, construction, commercial, and DSCR rental scenarios in this market.
We finance single-family flips, waterfront townhomes and condos, and DSCR rentals across Marlin Cove, Whaler's Cove, and Beach Park, underwriting the asset and plan.
Yes. Much of the 1970s original stock is dated, so updated kitchens and baths unlock value in a market with steady tech-family demand, and we fund up to 100% of rehab.
As fast as five to seven business days once title and appraisal clear, which keeps pace with Foster City's competitive central-Peninsula buyer market.
They can. Rents are supported by nearby biotech and finance employers and strong schools, and our DSCR loans qualify on property cash flow, not personal income.
Fidelity Funding Corp · Direct California private money lender since 2006
450 N Brand Blvd, 6th Floor · Glendale, CA 91203 · Mon-Fri 8AM-6PM PT