How does a bridge loan or rent-back work?

A bridge loan lets a homeowner borrow against equity in their current home to cover a down payment on a new one before the first home sells, while a rent-back lets a seller stay in the sold home temporarily by paying the new owner rent. Both solve the same timing problem of owning two homes at once, just through different mechanics and different lenders or contract terms. Brian Beatty helps Lowcountry clients weigh which option fits their specific timeline and financing situation better.