Bridge Loans: 100% Financing on Investment Property?

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Bridge loans can get you 100% financing on your next investment property…when used correctly. This type of loan is unknown to most, but rental property and real estate investors can use it to fund their purchases AND renovations with very little down. And, if you use the secret tactic we’re about to share in this video, you can get your ENTIRE real estate deal funded, so when you refinance, you’ll have put ZERO DOLLARS of your own money into the deal. How do you do it?
We’re back on this beautiful Mortgage Monday to talk about the loan that takes the investor to the deal, the capital to the closing table, and you to success-the bridge loan. This is the PERFECT type of loan for BRRRRers, flippers, or anyone trying to buy and renovate an investment property. But watch out. One wrong move and your bridge could come falling down…
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Check Out Another Mortgage Monday Video:
• Mortgage Monday
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Bridge Loan: What Is It & How Does It Work?
www.biggerpockets.com/blog/br...
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Learn How to BRRRR with David’s Book, “Buy, Rehab, Rent, Refinance, Repeat”:
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00:00 The Overlooked Bridge Loan
00:54 Sponsor: DealMachine!
01:34 Bridge Loans Explained
04:06 Finance Your Purchase AND Renovation
07:54 How to Get 100% Financing
09:53 Refinancing Out of a Bridge Loan
12:24 What Can Go WRONG?
14:30 Work with Christian and David!

[@aprilvancleve9463]

"Its not a Tonya Harding loan." Omgoodness. 😂

[@TheBigMoist69]

DAVID! Bippers might not actually be the best fan base name as it’s actually a slang term for a form of car theft in the Bay Area!

[@paula-orlandoinvestmenthom3935]

😂😂😂

[@aprilvancleve9463]

😮. Oops

[@Agent_Welch]

lol no seriously

[@aprilvancleve9463]

Going to be difficult for Bigger Pockets to give you a shout out based on your name.... Thebigmoist69. But thanks for the heads up! 😂

[@mmartinez4117]

​@@aprilvancleve9463Right? 😮😂

[@ricardofonseca1970]

Great video. Awesome information.

[@yourrealtoryurko9455]

Very informative. Great video as usual by Bigger Pockets!

[@failforwardfast8609]

Thanks David!

[@bernardbarbour]

203k hahahahahahahaha........ I was an agent back in the day when HUD was (mid 90's) encouraging buyers to get a 203k loan. It was a nightmare then and I'm sure it still is, lol. However, I was successful at getting about 80% of them closed. I'm currently retired from Real Estate. I fixed and flipped, bought and held rentals, opened and sold my brokerage all while on active duty military. After active duty (retired 20 years) I worked in real estate for another 20 years then packed it all up and moved to Florida. I'm just dropping in to tell you guys hello and thanks for what you're doing or the newcomers! Cheers!

[@watermansatx]

Amazing content

[@ExotiqBeautii]

No, we should be called Beepers!

[@BruceLeeroy34]

Can you make a video on 100% financing for new construction of commercial multifamily units please?

[@awkb777]

what zip code in the US is that profitable?

[@TheCorrupter666]

Bigpocketers ... BP-pers wth :P

[@jeanpaulg1037]

I like BeePers to spin off Christian's term.

[@InspiredFlip]

BeePers?

[@JevonMusicGroup]

How about "Davidians" for BP fans? Thanks for the info in this video!

[@awkb777]

pocketers

[@JevonMusicGroup]

@@awkb777 That's good!

[@codyonyoutube]

Im not gonna lie bippers is kinda whack I think we can do better

[@trentgumpp4193]

Tonya Harding loan 😂😂😂

[@alvinsingh9750]

How about pimps?

[@jennifer382]

I am 50 and my husband is 60. We want to start flipping homes. How would you suggest we finance the first home. We own a home and have about $50k in equity. Should I use this for a down payment and get a conventional loan? I work 3 jobs and my husband is disabled so finding more income isn't an option. We have about $400 after expenses each month so dept to start scares me a little.

[@jasn010]

I wouldnt flip houses right now if I were you. Sell your current home for a tax free gain and then See if you can buy a 2 or 3 or 4 unit building to fix up and live in and then rent out the other units. Then wait 2 years and repeat.

[@tBone20082]

I agree with that of possible . On the extra income side of things I am always looking for folks want to make an extra income for any goals they're wanting to attain.

[@ronizzle50]

Pocketeers

[@TEFgolfer11]

"Bipper" sounds a little juvenile to me. Not a fan of that name

[@jordandeaver683]

David. Lose the cave man. We have razors now.

[@betterhomesnc2437]

Bopper? The fuck?

[@ogsvideos6423]