What Is A Commercial Property Bridge Loan? Commercial property bridge loans are a short-term loan used in the real estate industry by flippers, developers and property investors that gives the property owner enough time to finish the remaining tasks. These tasks...
My client wanted to purchase a convenience store he managed for a long time from the current owner for $80,000. We also had to get this done within 30 days because the current owner of the store had a friend of the family who was ready to pull the trigger on the...
A developer in Michigan wanted to take advantage of a huge opportunity that was presented to him to purchase 2 commercial properties. The only problem was that he currently had a million-dollar construction project he was working on and the local banks just didn’t...
A general contractor/developer built a luxury custom home and was set to close for $490,000 but at the eleventh hour the buyer could not get the mortgage and he was now stuck. He was really in a bad position because he would always pay all the sub-contractors at close...
When you purchase a fix and flip property, there are certain types of renovation projects you should focus on to increase the value of the property and maximize your profits. Fixing and flipping properties require a lot of resources including time, money and energy....
What Is A Flipping Loan? Flipping loans are used to renovate a building and then sell it as quickly and cost-effectively as possible to increase profits on the sellers end. Fix and flip loans are short-term, usually 6-12 months for 1-4 unit buildings and up to 24...
