Is Your Bridge Loan a “Bridge to Nowhere”?

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The Bridge to Nowhere is an arch bridge that was built in 1936 north of Azusa, California in the San Gabriel Mountains.It spans the East Fork of the San Gabriel River and was meant to be part of a road connecting the San Gabriel Valley with Wrightwood.

(I understand there are over 220 of them .) First identify the financial obstacles, then determine the right loan structure, and finally make certain the bridge loan takes you to where you need to go. A bridge loan without a sound exit strategy is about as advantageous as the proverbial bridge to nowhere.

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It appears our government has built a bridge to nowhere for first-time buyers. No one needs it. Few will want it. (Just like few wanted B.C.’s doomed first-timer program) As much as we hate to say it, this program looks like little more than vote candy, a program designed to do little, but appear as if the government is doing a lot.

Hotels near Bridge To Nowhere: (5.83 mi) Mount Baldy Lodge (8.98 mi) The Rhinestone Rose Inn & Wellness Center at Wrightwood Resort (7.91 mi) The Getaway Chalet-3bd,2ba-backs to the forest-perfect for sledding (11.92 mi) 20th Century Motor Lodge (8.34 mi) Canyon Creek Inn; View all hotels near Bridge To Nowhere on TripAdvisor.

The company offers commercial real estate, multi-family mortgage, residential mortgage, secured and unsecured commercial and.

You wouldn’t get denied for a loan because your credit rating is too low; you’d get denied for a loan because the bank would literally not have enough money available to lend you.. The Bridge to Nowhere and the Humane Genome Project are both "investment", but I think we all know which.

Dubbed the "Bridge to Nowhere," construction initially began in 2008, but was marred for years by numerous delays. NJ Transit, which oversaw the project, terminated the contract of the previous construction firm tasked with building the bridge. CJ Hesse of Atlantic Highlands was then hired to.

Given this, understand your backup lending plan, structure the loan correctly, get substantial collateral, and get paid for your risk. In the end, you will be pleasantly surprised if things work according to plan and adequately protected if your bridge loan turns into a permanent financing vehicle.

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