16
Overheard a broker at a coffee shop in Denver say they're seeing way more bridge loans for value-add deals under $5 million.
It got me thinking about whether smaller investors are just getting squeezed out of the traditional refi market right now, or if this is a sign of more aggressive underwriting for that asset class.
2 comments
Log in to join the discussion
Log In2 Comments
christopher_craig2d ago
Smaller investors are definitely getting pushed into bridge loans.
1
paulk422d ago
Yeah, the part about smaller investors getting pushed into bridge loans is so true. My buddy just had to take one to close on a duplex before his old condo sold. Honestly, the fees were brutal and he's stressed about the ticking clock. Tbh it feels like the regular banks don't want to touch the little guys anymore unless everything is perfect.
3