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Hello we are in Texas and looking to buy out a land Development that the bank took back when the market took a S**t. back in 2009. Everything in the area is going like hot cakes. there is over 40 Million worth of ne...
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How do real estate investors handle the financial gaps when buying a new property before the previous one sells? I'm exploring different funding solutions to understand how others manage these situations. Let's discus...
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Does anyone have information on Next Bridge funding for Real estate investors. I have a client seeking reputable lendors in Michigan on investment properties for around 30,000.00 give or take.. Thanks!
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2023-2024 DECIMATED my already broken finances and killed my 15 yr run being debt free with paid off rentals and a house near the beach in the Ca. Redwoods. After divorce, Covid, work truck (of 21 yrs!) and trailer st...
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Most people in this group know the answer to this question. But most of the general public has no idea what a bridge loan is. In fact, I was at a BBQ this weekend when someone asked me what type of loans I provide and...
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Hello BP members,* tried searching BP for a definitive answer and couldn't find one** I need some help understanding the process of moving from Bridge-loan to Traditional-loans* I'm practicing running proForma-charts...
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I'm interested in learning as much as possible about the details of bridge loans. I'd like to offer this type of loan in the near future, but I want to know as much as possible. Does anyone have extensive knowledge?
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Giving it some thought at the moment. Situation: 2 assets bought right. $50,000k HML owed on 1, value is minimum 100k. Other asset is at 128k owed, value is 200k.
In both cases, I would want to refi from a bridg...
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Has anyone ever used a bridge loan to help with a downpayment/to cover the entire down payment on a rental property? What are some pros and cons of the different types of lenders that offer this? Would you do it again...
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I have two buildings under contract, that host 25% vacancy, and a traditional commercial bank will not finance them. Looking for a lender that can finance a loan of 80/20 with a rate under 7.5% for a 12 to 18 month pe...