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Why is there a high-interest loan form of real estate bridge loan?
Some people don't have enough money to buy an extra suite, so they can only buy and sell one at the same time. When the house payment is not in place, if you want to return the new house you bought, you will use high-interest bridge loan to dock short-term funds, and then return it to bridge loan when the house payment is available. Therefore, bridge loan is generally short-term, so the interest rate is relatively high and affordable.

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