Bridge Loans
(Transactional Funding or Wholetail Funding)
We provide short-term, temporary funding for all types of investment properties. These loans come in all shapes and sizes and are called many things including:
- Bridge loans and short-term loan options
- Transactional funding
- Wholetail funding
These are short-term/temporary loans that cover a gap, like the time it takes to sell a property or obtain permanent financing.
These investor loans are easier and faster to fund than a bank or traditional lender. Most can close in less than two weeks. Some can close in just a few days.
Credit is important, too. The higher the credit score the better the terms. Typically, lenders of these loans require a score of 640+.
Bridge loans are short-term loans (1 to 3 years).
Transactional and wholetail funding are typically 1-day to 3-month loans that usually involve a real estate wholesaler.
Bridge loans have become popular (along with DSCR loans) to refinance fix and flip properties that are not selling as expected. An investor can place their flip in a bridge loan and pay off their current lender. This allows them flexibility to sell or rent the property.
What to Use a Bridge Loan for:
- To stabilize a property to get a long-term loan
- To pay off an existing loan, like a hard money loan or bank loan
- Apartment revitalization
- Upgrading commercial properties
- Filling the gap between selling a property and buying a new flip or rental
- Bridging the gap to finish construction on a property
- Bridging the gap until you have seasoned the property for permanent financing
- Using a property as collateral to purchase another property that has trouble with financing
- Transactional funding for short-term loans when you have a buyer and need to complete the purchase of a property before you sell it to them
Apply for a Bridge Loan!
Ready to apply? Click the Quick Loan Inquiry button below or email info@thecashflowcompany.com.
Looking for more info on bridge loans and other investment loans? Check out our Youtube Channel.
The Cash Flow Company can help you with all your funding needs for real estate investing. We provide conventional loans, private money loans, DSCR loans, and lines of credit. We fund on all types of properties and locations.