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15 April 2024 | 3 replies
For a 5+ bridge loan this is what you can expect:Need as is value to be 250k+You will only get 75% toward purchase and 100% of the rehab max and if you are new to investing this will be sort of an impossible first deal for financing especially if you think 20% is a lot to be in for.
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16 April 2024 | 23 replies
Take the Margaret Hunt Hill bridge to West Dallas...this turns into Singleton Blvd, drive to Inwood and then go north to Mockingbird...then east to Loop 12 in East Dallas.
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13 April 2024 | 3 replies
CCs can be a great way to bridge the gap when short term financing is needed.
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12 April 2024 | 16 replies
Beautiful project though, but don’t see the numbers making sense in something turnkey for me I'll shoot you a PM we have a similar project we are putting together in Miami and starting to go directly to land owners for equity contributions to development deals to bridge the gap and put this together.
11 April 2024 | 11 replies
if so, you would need a bridge loan.
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11 April 2024 | 7 replies
BIFI servicing (newly created by a BP member and note investor so they are still adding states), Madison Management, Evergreen, FCI, Allied, AHP Servicing, State Bridge, Landhome, Fay Servicing.
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11 April 2024 | 2 replies
Also, since there is a huge gap in the industry in teaching people how to understand development and the different options we've launched an education arm to help bridge that gap so it's not just the "big guys" with deep pockets that can be a developer.
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10 April 2024 | 1 reply
I would ask in the Bridge Meetup group on Facebook if you can't find anyone here.
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10 April 2024 | 8 replies
I’m not saying you will have the same quote as I just had...I have closed a bridge loan with them a couple of months ago for 7.99% at 80% LTV.
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10 April 2024 | 10 replies
And on the other extreme, a hard money loan would be overkill, likely requiring vastly more than 25% down to boot.Between those two extremes sits bridge financing.