Merrimack investors use bridge financing to secure short escrows, complete value-add work, and refinance to DSCR after stabilization.
When Bridge Fits
Off-market deals favor certainty; properties need repairs before long-term takeout; cash-out on an existing asset funds the next purchase.
Terms & Execution
Short-term, interest-only; leverage and pricing tied to asset/exit plan. Keep reserves for taxes/interest; submit complete files for speed.
Example Uses
- Purchase bridge: 75% LTV on SFR; DSCR refi post-lease-up.
- Cash-out bridge: 60–65% LTV on rental to fund down payment/rehab elsewhere.
Q&A
Condos? HOA rules and financials matter.
Rural addresses? Send comps and location for a quick read.
Interest reserves? Often on heavier value-add.
Hard Money Lender in Merrimack