Hard Money Loans
Have a short term real estate funding need? Bridge loans are common with real estate investors. These loans can be closed quickly and fill a gap between your purchase and your end goal. For example, maybe you purchased a foreclosure that you are selling to another real estate investor, but there is a deed restriction that says you need to own the property for a while before you can sell it. Or maybe you purchased a home that was not financeable conventionally because of some minor repairs. Anytime you need a short term loan, a bridge loan is the fastest way to get it done.
The 45 Day Bridge Loan is a great tool for any real estate wholesaler or real estate investor in Minnesota. It is a cheaper and quicker solution to your short term needs. The 45 Day Bridge Loan is perfect when: