Purchase price: $139,000 Sale price: $308,000 Contributors: Adam Polokoff, Matthew Overstreet, Drew Dotson, Stone Bettersworth, Mitchell Kramer, Christopher Mannella, Damicco Robinson, Tyler Uliss, Jade Bridges Slam Dunk Deal I sold to one of my investors in Atlanta.

There are a lot of things missing on this deal, but as a rule of thumb, most legit bridge/flip lenders will lend 75%-90% of the purchase price plus rehab to a max of about 70% of the ARV.

Is there bridge loan/debt?

Since you mentioned the property management concerns, that will have to be a bridge that I have to spend more thought on.

Based on the NOI, I needed to come up with about 2.4M to close.My options were: 1031x 2 of my lesser performing buildings. 1031x just 1 building, but cross collateral a few others for a bridge and refi out 12 months later, or use HML+private money.At the end of the day, my global DTI was always evaluated.

@Alan Grobmeier and @Jeff Bridges thanks so much for the advice.

Bridge, portfolio, foreign national and other specialty loan products.Key Bank, FLorida flexible lender, HELOCs on second homes and rental properties. 90% LTV on primary.

I want to avoid burning bridges before I even get started. 

Additionally the city is pouring tons of money into redeveloping a ton of property in the inner city, Alvernia University just had a big redevelopment and school is thriving & Reading just passed the biggest infrastructure bill they’ve ever had to redo a ton of highways, streets & bridges.

Jonathan, Nathan Brooks recently started a meetup on Facebook called Bridge Real Estate Investing Meetup which you might find helpful.