Bridge loans offer a unique opportunity to acquire assets, often distressed or outdated properties, and provide you with the financial ‘bridge’ necessary to transform them from neglected structures into attractive, competitive real estate assets.

These loans not only cover the property purchase but also include the essential funds required for its revitalization. This loan type acts as a “bridge” between the two sales.

Typically structured as interest-only loans with a principal balloon payment due at the end, bridge loans offer the flexibility to refinance or sell the property without incurring prepayment penalties.

Bridge loans are a great short term financing option but before you decide which type of loan is best for you it’s beneficial to discuss your option with a pro. There are many factors that go into financing and we are here to guide you through this process. Connect for an intro call here. There is no obligation or cost for this call.