Borrer has agreed to a 12 month bridge loan at 15% with 5 points up front.The return is sexy however I just don't know enough about Dodd Frank and 12 month bridge loans.

Purchase price: $165,000 Cash invested: $49,000 Sale price: $165,000 Purchased this 4-Plex for $165,000 using a Hard Money Bridge Loan which required 25% down .

Will cross that bridge when I get there.

this is a bridge loan for 12-36 months.

To bridge the gap between market downturns. 

My full time job is in heavy/highway bridge construction, and I drive to different job sites all day long, and while I'm not on the phone, I would listen to audible.com books (mostly on RE investing). 

I was working on VA, had the approval, but the lender did not have me check my eligibility and I am 18 months short of being eligible for a VA loan.I am now exploring getting a hard money bridge loan and looking for anyone that would have a program or the funds for a 18-24 Month Bridge loan.

It definitely is an asset to have though so you'll have to weight the pros and cons of the financial aspect once you get to that bridge I suppose.

I'm looking to concentrate on wholesaling and can't wait to bridge the gap between research and real world experience. 

As a distant owner I think I would rather steer clear of that area.I get the feeling Wasilla or even Big Lake area would be the next growth opportunity, especially if the Knik Arm Bridge goes in.