The term “bridge loan” can cause some confusion when you’re seeking private financing secured by real estate. The way you define a bridge loan may be totally different than how the lenders you encounter define the term. In this Rocky Butani defines and clarifies a few types of bridge loans with various loan scenarios, and we’ll provide suggestions for the proper terminology you should use when you’re requesting a loan from private lending companies, which are also known as bridge lenders or hard money lenders.

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00:00 Introduction
01:27 Purchase Bridge Loans
01:51 Rehab Loans
02:40 Ground-Up Construction Loans
02:55 Short-Term Loans
03:35 1031 Exchange Bridge Loans
04:03 Primary Residence Bridge Loans
04:45 Refinance Bridge Loans
05:31 Conclusion

Private Lender Link, Inc. is licensed by the California Department of Real Estate (CA DRE Lic. 02057741). Rocky Butani is the company's designated officer: CA DRE Broker Lic. 01893537