Additionally, you might have other resource you are not thinking about, such as borrowing against your 401k or similar.  

If unemployment remains low though, I think will will continue to at close to the current rate of borrowing throughout 2024.

Your loan will be capped anywhere from 65% ARV to 75% ARV and that will depend on lender, credit, experience, deal spread, risk.In that deal cap you have guidelines like borrower can get 80% LTV is their experience is X and credit is Y, and they can get 90% LTV if their credit is A and exp is B. 

Hubby did not, and we occasionally borrowed against his.  

@Mary Eubanks   Yes, you can get a second mortgage up to 95% assuming the borrower qualifies of course. 

@Holly PetersonDealing with one now where borrower died.

The underwriting is based primarily off of the property, not you as the borrower so the main factors evaluated are property value, DSCR ratio (cash flow), LTV, and FICO.Also, I am from Boston and know the area well.

It's common to see pre-payment penalties in this loan product and now lenders are less inclined to negotiate these pre-payment penalties down knowing rates are expected to continue to decrease which incentivizes the borrower to refinance.

Borrow the 100k with 10% ROI after sale100k needed.

For larger bridge loans and development deals they are solid Originally posted by @Jay Hinrichs: Tarik I dont think she said she was refinancing i think she said she is looking to finance so probably an purchase money loan My main point was that these scale of loans the borrower needs to look within and be realistic if they can truly qualify.I am not sure if this company will take the 10k when cursory information reveals a high chance of loan being rejected..and if borrowers are qualified for this type of financing they usually have a pretty good grasp on whats needed.