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Updated over 1 year ago on . Most recent reply

Christian Morsing's profile image
Christian Morsing's profile image
Christian Morsing
  • Rental Property Investor
  • from Nashville, TN
  • Member since Nov 29, 2020
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Christian Morsing's profile image
Christian Morsing's profile image
Christian Morsing
  • Rental Property Investor
  • from Nashville, TN
  • Member since Nov 29, 2020
Connect
Christian Morsing
  • Rental Property Investor
  • Nashville, TN
3
Votes |
14
Posts
Mortgage Brokers & Lenders

Seller Finance and Jr Debt

Christian Morsing
  • Rental Property Investor
  • Nashville, TN
Posted

Hey Guys,

I came across a $5mill MFH seller finance deal - 75%.

I would like to get 10-15% covered in some sort of Jr Debt.

What are common strategies used here?

I see a problem just with the lien being in 2nd position.

- Christian

Nashville, Tennessee
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Kyle Spearin's profile image
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Kyle Spearin
  • Real Estate Agent
  • from Boston, MA
  • Member since May 26, 2016
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Kyle Spearin's profile image
Kyle Spearin's profile image
Kyle Spearin
  • Real Estate Agent
  • from Boston, MA
  • Member since May 26, 2016
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Kyle Spearin
  • Real Estate Agent
  • Boston, MA
211
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439
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Kyle Spearin
  • Real Estate Agent
  • Boston, MA
Replied

@Christian Morsing you could make the private money lender taking the second position a minority partner in the deal?

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