i have a piece of land appraised at $55,000.00 a year ago. I have a consolidation loan against the property in the amount of $25,000.00. My question is can I use some of the equity in this property as a down payment f...
I am working on buying my first duplex which will be owner-occupied, but I ran into a wall with my financing. I was working on VA, had the approval, but the lender did not have me check my eligibility and I am 18 mont...
What makes bridge loans a smart choice for real estate investors?
I have a duplex in northern Detroit, Michigan (near Wayne State) that was recently rehabbed and is fully occupied. Tenants are great and on time with rent payments. I have a bridge loan that is set to mature soon and ...
First time poster - thanks for letting me in! I found a foreclosure listed for auction at $800K but worth $1.5-$1.8M. Could I fund the purchase using a bridge loan with the assumption to sell my existing home ($1.5M...
Hi everyone, Samuel here from Reno NV. I am trying to invest out of state, specifically in Kansas. I was looking into acquiring rent ready properties at 70% at its market value. Has anyone used bridge loans for this t...
I'm just starting out, I have never used a loan and I'm having trouble understanding what's normal for loans. I'm Specifically interested in bridge loans and what is normal for them.
🔥 The long anticipated #pedestrianbridge has a new ETA of 2028. This bridge will connect #southend and #uptown. These areas are currently great LTR and MTR areas! Between the pedestrian bridge and The Pearl, this area...
I hope everyone here is having an amazing afternoon! We just signed contracts and provided earnest money on a property here in Southeast Missouri. We are needing a short term bridge loan to complete the transaction at...