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Jenova from BTSfunding discusses bridge loans in this tutorial. Bridge loans are short-term financing options, typically lasting 6 to 12 months with higher interest rates of 6 to 12 percent. These loans are interest-only until the loan maturity, allowing borrowers to pay only the interest for the duration of the loan. The main benefit of a bridge loan is the ability to quickly flip a property and make a profit within the short loan term.
