The Bridge Loans Inc.
The Bridge Loans Inc. Marina Del Rey, CA – $3,145,000 Purchase Bridge Loan This client had always wanted to purchase a property in Marina Del Rey. When a condo came on the market, they quickly made an offer and entered a 60-day escrow. They assumed their property would sell quickly, which it did, but the…
The Bridge Loans Inc. Sierra Madre, CA – $725,000 Cross Collateralization Program with No Payments for Four Months This investor bought a property intending to partially tear it down and build a new 1,800 square foot home for resale. However, he ran into unexpected issues with the City’s Planning Department, causing the initial loan used…
The Bridge Loans Inc. Costa Mesa, CA – $610,000 Bridge Loan Purchase with Home Improvement Loan Program This investor, a repeat client of ours, uses The Bridge Loans, Inc. to purchase distressed properties that financial institutions won’t finance due to issues like code violations, health and safety concerns, or permit problems. For this particular property, he bought…
The Bridge Loans Inc. Dana Point, CA – $11,300,000 Quick Close with Cross-Collateralization Program This client was referred to us for bridge loan financing because his bank couldn’t close his loan in under 10 days. The sales price was $11,300,000, but the property was originally listed for nearly $14,000,000. The developer selling the home was…
The Bridge Loans Inc. Rancho Palos Verdes, CA – $1,200,000 Probate Bridge Loan with Home Improvements, No Payment Required Program This client had a unique probate situation and was referred to us by his Realtor. The estate taxes were nearing the payment deadline, and his siblings wanted the property sold quickly to receive their inheritance. The property…
The Bridge Loans Inc.
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