_42-seconds-on-bridge-financing.jpg "42 Seconds on Bridge Financing from the seasoning house Video Screenshot Preview")
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⏲ Duration: 43 sec
✓ Published: 07-Aug-2021
✓ Published: 07-Aug-2021
Description:
What is Bridge Financing?nnBridge financing is typically utilized in pre-stabilized properties or properties requiring capital improvements to unlock the potential value.nnTiming constraint: Purchase money loan that prioritizes quick close (whether it be a short escrow period or a more traditional bank loan is unable to perform),nnSeasoning Requirements: New constructed or renovated property that requires more time to lease-up and stabilize to qualify for long-term, permanent financing. nnLight
What is Bridge Financing?nnBridge financing is typically utilized in pre-stabilized properties or properties requiring capital improvements to unlock the potential value.nnTiming constraint: Purchase money loan that prioritizes quick close (whether it be a short escrow period or a more traditional bank loan is unable to perform),nnSeasoning Requirements: New constructed or renovated property that requires more time to lease-up and stabilize to qualify for long-term, permanent financing. nnLight
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