
BRIDGE LOAN
A Bridge Loan is a short term financing vehicle used to get the Borrower from point A to point B. Bridge loan is frequently used to finance the purchase or renovation of a property and remains in place until permanent financing can be arranged . Do you need a short-term loan so you can quickly purchase an investment property? Our bridge loans allow you to purchase a property under market value and maximize returns, when you to re-sell or refi as quickly as possible.
Pros:
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Rate - as low as 7.99%
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Loan to Value - Up to 75% on Purchase or Refinance
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24 / Mo Interest Only Loan
- No Pre Payment Penalty
- Loan Amount - $75,000 - $2,000,000
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Cons:​
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1-4 Investment Properties Only
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Best for:
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Confident Investors with deals that can return healthy profits annually
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Investor who owns assets , but needing to pull money out of those assets to go to the next flip.
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