Need a Bridge Loan/Hard Money Loan

[Brian Tome]

BP Members,

I am looking for a Bridge Loan/Hard Money Loan to finance my purchase of a rehab property that I will move into and refinance as soon as it will pass a conventional financing inspection.  Our current plan is to purchase the house with hard money/private money, sell our current home, use the proceeds to rehab and pay down the loan and rehab the remainder. 

Our current home is worth @$350K with $175K owed. Target property is REO in need of kitchen and interior cosmetics that I think we can get for @$350K and fully rehab for $50K with an ARV of @$510K. Looking for a 1 year with balloon for a decent rate. That should give us plenty of time to renovate and refinance.

Our end goal will be to live in it for at least two years and further improve the property so we can realize the increased value without tax liabilities.

Thanks!