Bridge loans

Anonymous
Anonymous wrote:Bridge loan? Call Bill Rozek with Embrace Home Loans in Rockville. 301-325-6399. There are other programs available to make you a cash buyer as well


Bridge loans are always best handled by community banks, not brokers.
Anonymous
Liquidity access line on investments is what most people do. Then they pay off the LAL with a mortgage secured by the house after close.
Anonymous
Anonymous wrote:Will look into it. Guess my understanding was that a cash offer would beat out those other financing combinations


Just drop the financing contingency. That's all people care about.
Anonymous
Anonymous wrote:
Anonymous wrote:Will look into it. Guess my understanding was that a cash offer would beat out those other financing combinations


Just drop the financing contingency. That's all people care about.


Agreed. Couple with a real EMD (like 5-10%).
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