Bridge loan payoff plan

I will buy a new primary home using some of the cash I got from a bridge loan. Once I close the deal I plan to sell the primary home to pay off the bridge loan. Both properties are located in East Bay, CA. Primary home is $1.1M with $400k equity and $640k left on the mortgage. New home selling price is $1.4M. I have a $200k down payment on hand. The bridge loan amount is between $170k to $270k. What are the chances for this scenario to work out? by denton420 from San Francisco, California. Dec 14th 2021 Reply