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Updated over 8 years ago,

User Stats

13
Posts
3
Votes
John Prince
  • Developer
  • Salt Lake City, UT
3
Votes |
13
Posts

Bridge Loan (s) Needed

John Prince
  • Developer
  • Salt Lake City, UT
Posted

Hello Bigger Pockets,

I bought my first flip a few weeks ago, a great deal! It was a pre-foreclosure for 111k, that needs 50k of rehab, and has an ARV of 255K. I have a pretty good system for finding more deals like this and would like to get multiple projects going. But I'll need some bridge loans until I get my capital out of this project. Any private money lenders that specialize in gap loans? I have a great hard money lender that will lend me up to 80% of ARV. I just need a bridge for the 10% down he requires. Please contact me at 801-913-1505 or [email protected]. I'd love to go into more detail on my current project and plans.

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