Why a Refurb Bridge Helps Fund Your Refurb Projects

This week, we're going to be talking about the refurb bridge product and why that could be useful as a way to finance your refurb projects. So keep watching.

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[project_pivot]

This was extremely helpful. Will be in touch!

[erudicity]

Very imformative Kevin. Much appreciated!

[richarddrakes]

Really helpful to expand on the idea of a refurb bridge in this way, and what a valuable bit of knowledge to realise this is available. Thanks Kevin.

[realestatetraders]

Hi Kevin, How is the rolled up intrest calculated?

Do bridgers charge 1% - 2% intrest on the 75% loan and then charge 1% - 2% on the refurb tranches?

Or do they add up the total amount they have lent you, and then add 1% -2% intrest ?

Also, is there a minimum amount bridgers lend on a refurb bridge?

[asmith]

Hi Kevin... Thanks for drilling down into this product. I've heard you talk about this bridge before but only just realised that it would have been ideal for me on my current project. Indeed, it sounds like an ideal product. So why is it not more popular and more widely available? What's the catch? Is it more expensive than a standard bridge?

[GASA]

Hi Kevin great video, I usually buy properties with an end value of 75 to 120 k is there a limit on the end valuation for this type of bridge loan

[robmason]

How does the interest on refurb bridges compare to a standard purchase or CC bridge?

[agnieszkamastej]

hi Kevin,
regarding finding a 25 percent deposit for the refurb bridge, can you further reduce the deposit amount by using a market value bridge and the get the 100 percent refurb or for the refurb bridge you will have to put down EXACKLY 25 percent to qualify for the 100 percent refurb?
thanks so much for your very educative videos can wait for you to broker a deal for me soon.