Bridge loans

[Amnorix]

Originally Posted by HonestChieffan

I wonder if the bank would entertain a trade. Seems like a deal that works for you and the bank would be a worthwhile thing to look into. Bridge loans will make you lie awake nights in a cold sweat. Been there, done that. Never again. But that was a number of years ago.

Would be shocked if the bank went for it. First, it doesn't get them much -- they're trying to reduce bank owned real estate. Swapping one parcel for another doesn't help them on that front.

Second, it's non-standard, so the hurdles you have to overcome are significant. Most banks aren't exactly "nimble."