Chris Gleason
Bridge funding ideas for owner-occupied residential SFR
I have a SFR house that I secured 3 months ago wirh a 12mo hard money loan. I had planned to refinance it into a conventional loan so that I can move in and use it as my primary residence. I have another property un...
Don Petrash
Bridge loans to split a portfolio of SFHs
Portfolio question: How can I acquire a portfolio (5+ SFHs) and then refi into individual, conventional loans? The commercial loan (5.5%, 20 yrs) will be significantly less cash flow than conventional. Are lenders o...
Corey Dutton
Commercial Investors Relying Heavily on Bridge Loan Financing
The biggest complaint of commercial real estate investors these days is not being able to obtain commercial financing. Prior to the real estate meltdown, commercial real estate investors were not readily utilizing ...
Schnell Johnson
Looking for an affordable option for bridge financing
Hi, I am considering using bridge financing through a hard money lender in order to put in a cash offer. I am in Atlanta and the seller is only considering cash offers. The hard money lender’s terms are very expensive...
Thomas Wang
Is 7% Bridge Loan with 2% fee reasonable?
7% Bridge LoanDid anyone of you done a bridge loan recently for a small apartment? 7% interest with 2% origination fee for $900,00 cost reasonable? The apartment is currently 70% full. The purchase price is $810k and ...
Mbei Enoh
Introduction...Bridge Lender/Investor specializing in Commercial Properties
Hi Everyone,
My name is Mbei Enoh and I am new to this forum. My group specializes in bridge lending to owners with distressed/underwater commercial properties or facing commercial foreclosure, and we can help them s...
Jonathan Twombly
Two Bridges in Deal for 116 More Units
Today, Two Bridges Asset Management LLC signed a deal to purchase another 116 units in Spartanburg, South Carolina -- a beautiful B property. Together with the 54-unit deal we're working on now, we'll close 170 units...
Jon Vassiliades
Creatives Ways to Bridge DP on Commerical Properties
Hi Everyone,I am looking for suggestions that folks have had luck with in the past to get from ~10-15% figure to 20-25% (Say an additional 50k) to satisfy commercial lenders. There is a 7 unit MF property that just ca...
Jon Vassiliades
Creatives Ways to Bridge DP on Commerical Properties
Hi Everyone,
I am looking for suggestions that folks have had
luck with in the past to get from ~10-15% figure to 20-25% (Say an
additional 50k) to satisfy commercial lenders. There is a 7 unit MF
property that...
Nick Hakim
Traditional vs. Bridge Financing For My New Deal
Hey BP -I'm in contract to purchase a mixed use property in Northern New Jersey and I have a question for all of you lending guru's out there. As is, I'm purchasing the property at a 6.5% cap, but upon lease up of the...