Bridge loans for insvestors are available for the purchase of distressed assets. The most successful bridge loans for investors are for the acquisition and repositioning of distressed multifamily residential developments.
Buying older apartment buildings, small apartment complexes and slightly worn multifamily residential developments using bridge loans is one of the best ways to acquire property. The bridge loans typically provide funds to purchase and rehab the property being acquired with LTC (loan to cost) percentages of up to 75%.
To find out how easy it is to quality for a bridge loan to purchase and reposition multifamily residential developments and apartment buildings contact the experts at Dividend America Commercial Lending by calling direct at 404-549-6756 or send your questions to email@example.com