BridgeInvest

About BridgeInvest

BridgeInvest is a Miami, FL based private money lender who offers loans throughout Georgia, Florida, Texas, and North Carolina. They provide loans for many different scenarios, including fix and flip hard money loans, cash out loans, short term loans, hard money loans for commercial properties, rental property loans, and ground up construction loans. They issue terms between 6 months and 2 years, loan amounts ranging from $2,000,000 to $5,000,000 with a maximum LTV of 69%, and rates ranging between 8% and 11%. They will make loans on most types of properties, including single family units, multi-family units, office buildings, retail units, industrial buildings, raw land, hotels, and storage facilities.

Loan Types Offered: Investment Property Loans, Fix and Flip Loans, Commercial Hard Money Loans, New Construction Loans, Refinance / Cash Out Loans, Bridge Loans

Property Types Covered: Single Family, Multi Family, Office, Retail, Industrial, Land, Hotel, Storage

Areas Served: GA, FL, TX, NC

Lending Guidelines for BridgeInvest

Below are the general loan guidelines published on the BridgeInvest website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by BridgeInvest.

Loan Example 1

Josephine takes a fix and flip loan from BridgeInvest in order to remodel a townhouse to resale in Houston, TX. The sales price of the property is $170,000. The terms of the note include a 50% loan to value (LTV), so she must contribute 50% of the price as cash to closing, which makes the principle loan amount $85,000. The loan also includes the following features: 1) a 6 month length, 2) a 10% interest-only note, and 3) a three point origination charge.

In addition to paying the $2,550 origination fee, Josephine will also fund $85,000 of the purchase with her own funds, or 50% of the sales price. The monthly interest-only payments will then total $708 to BridgeInvest. If Josephine sells the remodeled house for $221,000 at the end of the 6 month term, her total profit (not including rehab expenses) would be $44,200. This is computed by taking the sales price ($221,000) and subtracting the original note amount ($85,000), the origination fee ($2,550), the funds she brought to closing ($85,000), and the total interest expenses ($4,250).

Loan Example 2

Melisa is a an investor in Houston, TX. She finds an older townhouse for a rehab project and takes out a hard money loan from BridgeInvest with the following terms:

$240,000 purchase price
80% loan to value (LTV)
18 month term
12% rate of interest
5% origination fee

Melisa plans to list the project at the end of the term for $324,000. If she accomplishes her goal, the final numbers would be as follows:

$324,000 sales price
- $192,000 note principle (80% LTV)
- $48,000 down payment (20% on 80% LTV)
- $9,600 origination points (5% of the $192,000 principle amount)
- $34,560 interest payments (18 months x 12% interest)
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= $39,840 gross profit (doesn't include taxes or rehab costs)

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