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Updated over 4 years ago, 03/02/2020
Help understanding bridge loans 🙏🏻
Can some experienced investors explain in simple terms how bridge loans work? I’ve been doing some research but I don’t think I fully understand.
With a bridge loan do I have to raise less money from investors because money for cap ex will be included in the bridge loan. How will a lender determine how much they will give me for improvements?