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Updated over 1 year ago on . Most recent reply

User Stats

6
Posts
1
Votes
Caleb Wilson
  • Realtor
  • Frederick, MD
1
Votes |
6
Posts

Home to Sell Contingency or Bridge Loan

Caleb Wilson
  • Realtor
  • Frederick, MD
Posted

I have a client who is looking to put an offer in on a residential property listed at $500k. However, she currently has a home and would need to sell her home OR provide ~$325k down in order to make sure she can afford both payments until she is able to sell her current home. The positive side is that her current home will probably be listed for ~$575k. Does anyone have any recommendations/experience with Hard Money Lenders/Bridge Loans? I'd greatly appreciate any and all help!

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