The need for bridge loan as real estate investor

As a real estate investor you would always need money handy because you can he opportunne at any time to see a good property to invest in. This is why you would always need to take advantage of bridge loan.

Bridge loan is a temporary loan used while trying to secure permanent financing of a property. This means you can easily secure a property this way though you might have to pay higher interest rate with it.

But the good thing is that one would have gotten funds for a new property before selling their owned property to make funds available for the new home or property one needs to buy.
 
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