A bridge loan is a type of asset-based, short-term loan, typically taken out for a period of a few months to a couple of years pending the arrangement of longer-term financing or an exit such as the sale.
A bridge loan is short-term financing used to facilitate the financing of a property for a short period.
Our client was referred to by a developer in Houston, Texas who we worked with previously.
For those who are new to investing in real estate, the common question is, what is bridge financing?
A married Chinese couple with a five-year goal of having their children study in NYC purchase a luxury condo.