Are bridging loans still a viable and cost-effective option for the 'buy' phase of a BRRR in today's market, especially for first-time investors looking to leverage their equity, or are there better alternatives for short-term finance?
Quick Answer
Bridging loans remain a viable way to swiftly acquire unmortgageable properties for BRRR, ideal for leveraging equity. However, high costs and mandatory exit plans mean careful consideration is essential.
About This Topic
Are bridging loans viable for BRRR? Discover the pros, cons, and essential considerations for using bridging finance in today's UK property market for buy, refurbish, refinance, rent strategies.
This question is part of our Financing & Mortgages category, providing expert guidance on UK property investment.
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