In this study, bio-oil from fast pyrolysis of renewable biomass was added by the mass of phenol to synthesize bio-oil phenol formaldehyde (BPF) resins, which were used to fabricate glass fiber (GF) reinforced BPF resin (GF/BPF) composites. The properties of the BPF resin and the GF/BPF composites prepared were tested. The functional groups and thermal property of BPF resin were thoroughly investigated by Fourier transform infrared (FTIR) spectra and dynamic thermomechanical analysis (DMA). Results indicated that the addition of 20% bio-oil exhibited favorable adaptability for enhancing the stiffness and heat resistance of phenol formaldehyde (PF) resin. Besides, high-performance GF/BPF composites could be successfully prepared with the BPF resin based on hand lay-up process. The interface characteristics of GF/BPF composites were determined by the analysis of dynamic wettability (DW) and scanning electron microscopy (SEM). It exhibited that GF could be well wetted and embedded in the BPF resin with the bio-oil addition of 20%.