Bridge Loan Investing - Any Advice?

[Kyle Horjus]

Hi All,

Essentially I am waiting in the shadows for my first real estate purchase (looking to apt hack in LA) until the market goes down. In the meantime, I don't like the volatility in the market but I want a decent return in the short term (who doesn't right?). I've thought about bridge loans for folks who live in an area where real estate prices aren't ridiculous, that way I can get the money back relatively quickly and it's not wasting away in my bank.

My questions:
Is this a good investment option?

Are there companies that pool together investor funds to provide bridge loans?

If not, what would you recommend?

Thanks everyone!