The BridgeWell Preferred Income LP (“the Fund”) was created to provide Private Investors with consistent monthly income from a real-estate-secured investment. The Fund invests primarily in residential mortgage notes originated by BridgeWell Capital LLC (“BridgeWell”), to provide a strong 7% yield, low risk return to its members.
BridgeWell is a recognized national leader in the residential bridge loan industry. As a Licensed Mortgage Lender, they specialize in short-term bridge loans to Real Estate Investors all over the country, including financing for residential investor flips, financing for rental properties, and cash-out refinances. BridgeWell’s private lending helps it’s clients’ investing endeavors be more profitable and efficient.
BridgeWell’s management team has over 60 years of combined investment industry experience and has successfully funded over 300 million dollars in private money loans for real estate investors.
BridgeWell Capital works with real estate entrepreneurs, realtors, property management companies, brokers and wholesalers by providing a fast and convenient source of investing capital.
Located in Orlando, Florida, BridgeWell's loan territory is throughout the states of Florida, Georgia, South Carolina, North Carolina, Virginia, West Virginia, Maryland, Connecticut, Massachusetts, Maine, New York, Ohio, Kentucky, Tennessee, Arkansas, Missouri, Illinois, Indiana, Michigan, Wisconsin, Iowa, Nebraska, Kansas, Oklahoma, Texas, New Mexico, Colorado, Wyoming, Idaho and Washington but we can also lend in other states as requested.
BridgeWell offers custom loan programs geared to meet the needs of Real Estate investors. Including loan programs for: Investor Rehabs Rental Properties Refinance Cash-outs for Investors Commercial Property Loans for Investors
BridgeWell’s approvals are primarily based on an investor’s ability to succeed. They look for 3 components in every loan they approve: Benefit: BridgeWell is committed to WIN-WIN business transactions. They only fund loans where there is clear substantial benefit to motivate the borrower. Equity: BridgeWell looks for investment projects where there is solid equity right from the beginning. Funding great buys on a solid properties helps ensure a solid cashflow for the Fund and all its members. Exit: Successful real estate investment projects typically require a workable exit strategy. This may be a prompt re-sale plan for a “buy-fix-sell” project or conventional refinance (or cash pay-out) plan for “buy & hold” projects. A well-planned, realistic exit strategy is a key component of all successful real estate investment projects.
BridgeWell provides funding for residential, non-owner occupied properties and commercial properties including (but not limited to): apartments, retail spaces and mixed-use buildings. They do not currently lend on mobile or manufactured homes, gas stations, strip malls or new construction projects.