Lesson 4: Cash Bridge

Cash Bridge

Key Points to remember:

• It was created to solve for those clients that have a lot of equity in their current home and want to use that equity to purchase their new home

• The program utilizes the Buy Now Sell Later program as part of the program

• Annie Mac Private Equity purchases the NEW home NOT the existing home

• The client does NOT have to qualify for both homes as there is no mortgage

• The client can move into the new home immediately after Annie Mac Private Equity purchases the home

• The client does NOT pay for both homes! They accrue rent against the equity in their existing home

• The client must list their home within 2 weeks of Annie Mac Private Equity Closing on the new home

• In most cases, clients list their home immediately after finding a new home, in the hopes the sell their home quickly and close on the new home direct with the seller

• In the event Annie Mac Private Equity purchases the new home, the client has up to 6 months to purchase the home from Annie Mac Private Equity

• Some clients choose to use this for convenience and fully intent Annie Mac Private Equity to purchase the home to make the move easier on their family