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19 April 2024 | 13 replies
Seeing 5+ Mixed-Use units in the 70-75LTV in the 10-11's for bridge and 8-9% for perm.
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17 April 2024 | 3 replies
Operators use bridge debt because the lender is more flexible as to DSCR and LTV/LTC than banks and agencies.
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17 April 2024 | 17 replies
Bridges are short term, typically 6-18 months.
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17 April 2024 | 16 replies
Bridge loans for upto 24 months are more readily available for those property types
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17 April 2024 | 0 replies
If you are just getting started in multifamily real estate investing (perhaps making the jump from SFR – single family rentals – or flipping) – make sure you are well prepared if you jump “up the ladder” too quickly – the world of 2-10 unit multifamily investing can offer a great “bridge” between SFR and Multifamily for any budding real estate investor.
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20 April 2024 | 100 replies
I’m not cheering for @James Wise, however @Lenza M. you probably permanently burned a lot of bridges behind you on this thread of which you probably realize by now.
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16 April 2024 | 3 replies
That way you can bypass a bridge loan.I have borrowed $50k from my father to float some of the purchase of a Dental practice my wife owns...we simply pay into an account that we use to periodically pay him back lumps sums.
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21 April 2024 | 240 replies
Today, with the turnover complete and having acquired enough funds to bridge the gap of the low appraisal, I have reached out to OCF for another property and am excited to see what they may have to offer.
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16 April 2024 | 7 replies
West Deptford is located near Philadelphia, near the Walt Whitman bridge What’s the market price for a complete gut in NJ.
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16 April 2024 | 1 reply
You might consider exploring refinancing into bridge loan with a rehab component.