HARD MONEY COMMERCIAL LENDER – SECOND HOME AND RENTAL PROPER

 If you’ve ever wondered how commercial real estate investors got their big break without a hefty inheritance, the hidden secret is commercial bridge loans. 

 In a nutshell, a bridge loan is financing secured by the value of an existing property in order to fund the purchase of a new one. These loan types are otherwise known as commercial mortgage bridge loans. 

• → Hotels
• → Office Complexes
• → Vacant Lands
• → Multi-Unit Residential Properties
• → Retail Outlets

  Commercial bridge loans aren’t meant to tie you down into a decades-old contract. It is only meant as short-term funding to get you from point A to B. You can typically open and close this loan type in under five years, in most cases. Compare this to 15-30 year plans. Even if your property is on the market, hard money commercial lenders may be willing to approve an application for funding. In addition, not only are commercial bridge loans good for new buys, these loans can also be employed to complete renovations or upgrades.

The Building Needs Extensive Repairs – If your building is in a state of disrepair and it’s turning away customers, take back control and apply for a commercial bridge loan today.

• The Commercial Building Has Low Vacancy Rates – Do you own a multiplex that is plagued with low occupancy and high turnover rates? It’s time to turn your situation around with a hard money commercial bridge loan.

• The Applicant Has Bad Credit – One of the prerequisites of getting approved for a traditional loan is having fair to good credit. The hard money lenders at Skyway Funding Group are in the business of giving second chances and uses other eligibility tools to approve applications.