But, the entire premise here is that you will be able to refi as planned and scheduled, which means that the permanent financing player is fully involved from the get-go...And it doesn't stop there, because some times banks change their mind last minute - ask me how I know this :)Not to mention that your costs with HML will be very high, and terms will be quite rigid.

I never had the pleasure of being permanently stationed in Hawaii.

>>>>>>>>>>>>>>>>>>>>>Multifamily bridge loans:Loan Size:$1 million and upLoan Term:Short-term, typically ranging from 6 months to 3 yearsMost common range is 12-24 monthsExtension options may be availableInterest Rates:Higher than permanent financing, often in the teensRates vary based on creditworthiness and collateralGenerally 7-10.5% for multifamily, 15-24% for other commercial propertiesAmortization:Typically interest-only paymentsMaximum Loan-to-Value (LTV):Up to 75% of total project costCapped at 70% of the completed or stabilized property valueFees:Origination fees, legal fees, closing costs typically 1.5-3% of loan amountFees can include appraisal, administration, escrow, title policy, and notary chargesOther key characteristics of multifamily bridge loans:Fast closing process, with funds available quicklyEligibility based more on property value than borrower creditOften used for acquisitions, renovations, lease-up, or repositioningProvided by private lenders, venture capital firms, and commercial real estate lendersNeed to be refinanced or paid off quickly via sale or permanent financing>>>here is how extension options can impact the overall cost of a multifamily bridge loan:Extension fees: Exercising an extension option on a multifamily bridge loan typically requires paying an extension fee to the lender.

If the seller dies before closing, the contract is null and void - but other than that rather extreme and permanent condition, the seller would not be able to just cancel an executed contract.

Were you and your husband able to refi into a permanent loan afterward? 

I heard that the city of San Francisco has made the moratorium on evictions permanent.

Permanent disability: counts without caveat.Temporary disability: counts once there is a projected return to work date.

Said to have a 50 Billion economic impact. 7-10 years of construction. 40-50 thousand construction jobs and 10,000 permanent after construction is done.They just finalized the deal happening.What is the plan of attack here?

Someone should keep this list up-to-date or make it a permanent page of the podcast...

The Community Development Lending department offers affordable housing solutions across the US, including construction loans, bridge/acquisition loans, equity and permanent mortgages.