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A Bridge Loan is for any property type that needs to be bought really quickly and is already stabilized or needs a quick cash out (30 days or less). Also can be used for a property that is not fully stabilized but does not need rehab and the borrower intends to purchase quickly and get fully leased up. Sometimes a borrower also needs to go into a bridge loan becasue they need to refinance or purchase a property and their fico scores are under 600.