S
15

Closed my first 7-figure bridge loan deal Friday afternoon

Been chasing this one for 6 months. Finally closed on a $1.2M bridge loan for a mixed-use property in downtown Nashville. The borrower had some funky title issues from a prior LLC dissolution. Had to bring in a title attorney who specialized in Tennessee business law. Anyone else deal with messy title stuff on commercial bridge loans?
2 comments

Log in to join the discussion

Log In
2 Comments
kimr10
kimr1017d ago
Title clean up is actually way easier than people make it sound if you do your homework ahead of time.
2
tara_jones94
Spent three hours on title research once. @kimr10 definitely makes it sound simpler than it is.
2