Investors Use Hassle-Free Bridge Loan Instead of Bank Loans

When closing quickly is the primary goal for a real estate investor on a real estate transaction, having a bridge loan in place is crucial. Hard money loans have long given real estate investors a strategic advantage. The availability of bridge loans has long been a tactic used by real estate investors to snatch up great properties at discounts. Banks simply cannot perform as quickly as bridge lenders when speed is an issue. These loans are hassle-free and are primarily asset based, which makes it easier for real estate investors to make new acquisitions quickly. If you are new to the topic of bridge loans, check out the Hard Money 101 section of our blog.

Posted by Corey Curwick Dutton