Wholesale financing options?

[Aaron Hale]

I'm looking at a few potential multifamily deals sent to me by wholesalers. I know they want to move quickly and cash, HML, or private money are usually the main or only accepted forms of financing. However, are there other options? If a property is 100% occupied, would aHML be interested if I can't do an immediate rehab?

[Salvatore Lentini]

@Aaron Hale - you may be better off with a bridge loan. Usually longer with a better rate. If you have a property that is stabilized, it may make more sense. I have some lenders that I've done bridge loans with and it could be the best of both worlds. Quick close like HML, a little better rate and longer hold time.