Updated almost 4 years ago on . Most recent reply
Second mortgage for commercial loan
Hello BP members,
I am looking to purchase a 3-4 unit multifamily in the Eau Claire, WI area. I am considering using a commercial loan to finance. Is there such thing as a piggy back loan or second mortgage in this situation? Both loans would be commercial and this would be combined with my down payment. And suggestions on how feasible this is or what a loan structure would look like are appreciated.