1. EachPod

Your Secret Play to Seal the Deal

Author
Kristie Martinelli & Danielle Olbrantz
Published
Wed 15 Mar 2023
Episode Link
None

When the score is close, and you need to win the game, you need a secret play to seal the deal. In real estate, that’s a bridge loan. This episode is for the home buyers who are buying contingent on selling their current home, yet the contingency isn’t attractive in competition to other offers and need something else in their playbook.

In this episode, we cover:

  • How a bridge loan works
  • The difference between a cash buyer and contingent buyer
  • The cost of a bridge loan
  • How to structure a bridge loan
  • Logistical challenges of bridge loans

Connect with us:

Youtube: https://www.youtube.com/@therealestateplaybyplay

Website: https://therealestateplaybyplay.com

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