When a Developer Needs Cash Fast: Dan's Bridging Loan Story

https://wiki-zine.win/index.php/When_an_Unclear_Exit_Plan_Doubled_My_Bridging_Interest_Rate:_Emma%27s_Story

Dan, a small developer in Leeds, found a terrace house conversion he could buy and split into three flats. Purchase price: £420,000. Expected refurbishment: £85,000. Forecasted sale receipts once finished: £640,000