I recently heard on the radio a discussion of mortgage bridge loans as an investment alternative possibly earning as much as 6% per year. Somewhat guaranteed, minimum risk, and only paying taxes on the interest earned. Somewhat similar to a short-term CD with a much higher interest rate.
Curious as to anyone’s experience with MBL’s both positive and negative. Please include any downside risks and on a positive note any providers of MBLs.
This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.