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To my knowledge bridge loans are used for fix and flips. Would cost segregation benefit properties lended on bridge loans at all or would it be pointless?
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We sold an investment property and put $ in 1031. We have a deal part 1031, part cash, for two triplexes. Would a bank finance one triplex 30-40% with $2300 rent income so we could finance renovations to the other 3...
Looking at going under contract on a 10-unit portfolio. It’s 3 different properties: duplex, triplex, and 5-unit. Ideally I want to do some sort of bridge/fix and flip option for renovations and then refi around 2.5/3...
I'm seeking accredited investor verification by net worth, but a significant amount of my capital is tied up in personal or bridge loans that are set to mature over the next several months. Does anyone know if or how ...
Need gap financing to sell one primary residence and purchase another. Philadelphia area. Lenders' questionnaires don't provide for this type of "bridge loan" request. How do I find such an animal in the marketplace? ...
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Can anyone recommend a good hard-money lender in the Chicago area, who would be able to do a line of credit or bridge loan of up to $600k? I am trying to buy a property at auction.It could be secured against the prope...
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and will bring the following into financing: three LLCs,
three leases, three 700-800 FICOs, one thin DnB, one good DnB,
one LLC has no debt but the other has two $50K untapped LOCs,
that banks are saying will be co...
Who here has successfully set a property improvement loan to close the same day they purchased a new home?
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This would be my second purchase in the Pittsburg area. I am partnering with another investor who owns 4 single family homes in that vicinity. I own 4 rental properties and a small strip mall in the Baltimore area
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Hi, I have flipped several properties over the last 5 years and held on to several. For my next flip, a friend mentioned using DSCR first, then if dscr not available, a bridge. Hard money has not required me to put an...