Because private mortgages are typically short-term, your exit strategy is one of the most important parts of the plan. Here is what to consider.
Why an exit strategy matters
A private mortgage is designed as a bridge, not a permanent solution. Knowing how you will repay or refinance keeps the loan doing the job it is meant to do.
Common exits
Typical exits include selling the property, refinancing into longer-term financing, or repaying from incoming funds such as a business sale or settlement.
Plan early
Think through your exit before you borrow, and build in a realistic timeline. Seek advice from licensed professionals as you plan.
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This article is for general information only and is not financial, legal, or investment advice. Please consult a qualified, licensed professional before making any decision.