A bank may bridge the loan for a year, a 65K amount could be deferred as a second, or interest only.

never pay that deposit. their problem, not yours......on the flip side, prepare to have the meter broken into and the gap bridged to steal electric ghetto style. but don't worry, you wont have to pay for it, eventually, they will cut your power at the poll and everyone will be S.O.L.

I don't know ANYTHING about bridge loans....Pros/Cons??

There is a good chance that come the end of the month she will be claiming she has no place to live so you best inform her now you will be expecting her to either live under a bridge or with family of friends by Oct 31st.This is the type of tenant situation that will burn you real bad.

Now that I have to cross this bridge, I finally understand what the valley beneath looks like.  

Cross that bridge if and when you get to it.

So, if "the guy living under the bridge" can raise the 20% down, he's approved for financing: 18% for 3 years.

You got it @ Raj Gandhi.So buying multiple properties with scenario #3 will get you a nice place under a bridge unless you can endure the losses until morts are paid in full.Nothing I want to do.

I know I have the skill of persuading, so I feel Real Estate would be a good Bridge career for me.

Thoughts on how to bridge the gap?