In Investments - Real Estate - Asked by Admin - 16 months ago
A bridge loan is not as popular now but it was designed to help people close on a new piece of property prior to selling their own property. The bridge loan was the source of the down payment, these became less popular because of second mortgage lenders and sellers like to deal with buyers who have already sold their property.
Answered by Admin - 16 months ago
Tags: bridge loan, real estate, investment, investment property, what is a bridge loan?
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