Seeking Short-Term Financing Options for Renovation Property

[Matt Meier]

Good morning,

I’ve come across a renovation property available at a significant discount and would like to secure it without going the traditional 6-month financing route. We estimate the project will take less than 3 months to complete.

I’m exploring alternative short-term financing solutions and would appreciate any advice or recommendations on options that might work well for this type of project.

Thank you in advance for your insights and assistance!

[Katie Smith]

Hi Matt!

I’d suggest exploring a bridge loan that covers a portion of the purchase price along with 100% of the renovation costs. This type of loan can be a great short-term solution to help you acquire and improve the property before refinancing into a long-term loan or selling it for profit. Let me know if I can help!