You can use the proceeds from the bridge loan to cover the down payment and closing costs on a new property, which enables you to buy a new home before the first one is sold.

@James R.BOI takes five minutes to complete on fincen siteAbsolutely no need to pay someone to do it

Also, when landlords can not sell their home because no one can afford 7% interest with 3% interest rate prices, something has to happen. 

For example: I sell a $200,000 condo with no mortgage debt on it.

I know it sounds weird but Sellers want no knowledge and Buyers want all the knowledge.

No tax returns are needed to qualify for this loan, however the monthly rent must cover the full PITI mortgage payment. 

This approach allowed us to move quickly, securing the property and covering renovation costs efficiently.

There is no cost to join.

Purchase price: $285,000 Cash invested: $40,000 purchase Price $285kRenovation Cost $40k (on budget)Renovation Time: 41 daysARV: $425kFeature sheet: https://drive.google.com/file/d/1PMMTCmYptc1Jiy14MgAImJyiiEonebQl/view?

Does the price, rehab, and ARV meet your percentage requirements after holding costs, closing costs, commissions, hard money fees, permits, & other soft costs?