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15 September 2024 | 14 replies
Often we can get a bridge loan with cash back at closing as well as the remaining rehab budget in construction hold back in one loan.
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13 September 2024 | 7 replies
@Daniel GregoryA bridge loan is a short-term loan intended to cover the time between selling assets and finalizing a transaction.
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20 September 2024 | 114 replies
They will sell you the Brooklyn bridge and make it sound so easy to crush it in real estate.
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13 September 2024 | 3 replies
., hard money lenders or bridge loans) or focus on getting a subordination agreement with the seller?
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15 September 2024 | 38 replies
Longer bridge loans up to 2-3 yrs aren't much more interest rate wise anymore and don't have prepayment penalties.
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12 September 2024 | 5 replies
This option comes down to the investor's risk tolerance since you will likely leverage your primary home at a variable rate.3) The BRRRR method since most hard money lenders will allow you to acquire distress payments with as little as 10% down and grant you access to rehab funding via a bridge loan.
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12 September 2024 | 6 replies
If you want to start before the house is finished, consider a bridge loan for short-term financing or explore hard money lenders for quicker access to capital.
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10 September 2024 | 8 replies
This might avoid a lien and free up cash for your down payment.Hard Money or Bridge Loan: Look into hard money or bridge loans to temporarily cover the taxes or down payment.
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9 September 2024 | 6 replies
Show them the portfolio's profitability, occupancy rates, and growth potential.Consider a bridge loan if you need to close quickly.
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9 September 2024 | 7 replies
This might avoid a lien and free up cash for your down payment.Hard Money or Bridge Loan: Look into hard money or bridge loans to temporarily cover the taxes or down payment.