Offered 10k over listed price but wasn’t willing to bridge the gap but I did offer to pay 1k over appraisal, luckily for me the appraisal came back at the original asking price and saved me $8k.

These type of loans are called bridge loans they are usually short term 6-12 months because the plan is basically for the BRRRR method once you are done rehabbing you refinance into a 30 year loan. 

Cut branches that touch the structure allowing bridges, check the roof gaps at chimney and plumbing pipes.

Once you’ve found the multi-family property you’d like to purchase, you can begin the loan application process to determine which type of private money loan program is right for you.In the world of private money lending, there are several loan programs for multi-family properties, including multi-family bridge loans and NO-DOC multi-family loans.

, they might have a specific company they useOtherwise you need a different kind of loan to bridge you. 

@Daniele Locke The current "Bridge" eviction moratorium is set to expire at the end of September. 

They are building a new wing and needed a bridge loan. 

@Vannery Gonzalez Foreign Nationals are able to get bridge (hard money, funding for purchase & rehab) as well as 30 year fixed based on property cash-flow.

This property was purchased using our in-house hard money lender Sherman Bridge.

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