What is a bridge loan?
A bridge loan is a short-term mortgage for real estate investors, who prefer to finance the purchase and/or rehabilitation of their investment property rather than buy fully in cash.
Why get a bridge loan?
You have cash and liquidity constraints or would rather take a smaller cash stake in your fix-and-flip project(s). You want to scale your existing business by taking on multiple house flipping projects at once.
I’ve never flipped a house. Can I still take out a bridge loan?
Everyone has to start somewhere! We work with property investors of all experience levels, provided they meet our minimum qualification criteria. The more experience you have, the better rates you get.