Anonymous
06/05/2024 13:36
Subject: Re:Bridge loans
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%).
Anonymous
06/04/2024 22:04
Subject: Re:Bridge loans
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
06/04/2024 21:17
Subject: Bridge loans
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
06/04/2024 20:59
Subject: Bridge loans
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.