A Bridge loan is typically a temporary loan to cover the time between two real estate transactions. These are most often used to purchase a new property before selling another property. It allows borrowers to purchase their next fix-and-flip property without having a contingency to sell the other property first or time to find permanent financing.   

Think of this as a bridge between two loans. This allows you to carry another property while trying to buy a new property at the same time. 

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