Bridge loans are taking a larger share of the apartment financing market today. Non-recourse debt funds offer apartment buyers higher leverage and lower pricing with a bridge loan. Why is that? Because bridge loans take into account your future NOI- unlike Agency loans that only focus on historical NOI; they provide more flexibility in underwriting and higher loan dollars. Bridge loans can help you acquire the property, provide most of the rehab dollars to increase future NOI with stronger future rents, and allow a flexible exit strategy. These loans are short-term financing solutions and are not permanent solutions; so beware of the quicker maturity. Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory LLC. Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.