Bridge & Transitional Loans
How it works
A bridge loan is underwritten mostly on the property's current value and a clear plan to exit — usually a sale or a refinance into long-term financing once the property is stabilized.
Who it's best for
- Buying before selling another property
- Value-add and lease-up properties
- Time-sensitive opportunities
What lenders look at
- Strength of the exit plan
- Current and stabilized value
- Sponsor experience
- Business plan and timeline