These bridge loans are quirky…because all loan documents initially agreed upon (between lender attorney and borrower attorney) are like snowflakes. Every set of loan documents are different…they are not promulgated forms like Fannie loan documents. Some language added…some language subtracted. What does that mean when you are negotiating an extension? Listen to attorney Shameer Soni on what he suggests when speaking with your Bridge lender. Shameer Soni & Chris Barsness: The Patel Law Group http://www.patellegal.com) Are you interested in learning more about how Multifamily Syndications work? Please visit http://www.spiadvisory.com) to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory. If you enjoyed this discussion…. Please leave us a 5-STAR RATING on iTunes.
