Bridge Loans

Are you seeking funds to get you from one fix and flip project to another? A real estate bridge loan is probably what you’re looking for. Bridge loans are ideal for real estate investors who have multiple projects in progress and are awaiting the sale of one project to come through so they can get started with the next project.A real estate bridge loan, sometimes referred to as a “swing loan,” “gap financing,” or “interim financing,” is a short-term loan that “bridges the gap” or gets a borrower from point ‘A’ to ‘B’ by leveraging the equity in a property they already own.Real estate bridge loans are temporary in nature and can be used for a variety of business opportunities in addition to buying real estate investment properties.If your project does not meet traditional lenders’ standards or you simply need to act quickly, a real estate bridge loan may be perfect for you. Bridge loan terms range from 12-24 months.

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