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.

Regular properties are probably in a better position because people always need a place to stay, and if I'm not mistaken back during COVID if you had a tenant who couldn't work you could call your bank and pause the mortgage. 

Do make sure that you are over-insured if anything, and as Chris suggests, don't do dumb things with the property.....no loose handrails, broken steps, etc.

Hi there - I'm an investor new to the Indianapolis Residential Market and I was looking to network with active Residential Investors. With the market in a tricky place, I was curious how other investors were financing...

I mainly  focus on properties with Add value potential in Tulsa Ok.

Let me know if you need me to run by the property and get you a video of the site.

Is it wise to take a HELOC on my primary home to for the downpayment for a short term rental property?

My name is Pete and I'm looking forward to buying rental property income in the near future as well as increasing my knowledge and education in real estate.

Hey BP community,For those into property flipping, there are transactional funding programs available that provide the necessary capital to buy and sell properties quickly.

.• Is the property leased?