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Updated almost 6 years ago on . Most recent reply

Anthony Barbato's profile image
Anthony Barbato's profile image
Anthony Barbato
  • Developer
  • from San Francisco
  • Member since May 21, 2018

User Stats

53
Posts
9
Votes
Anthony Barbato's profile image
Anthony Barbato's profile image
Anthony Barbato
  • Developer
  • from San Francisco
  • Member since May 21, 2018
Anthony Barbato
  • Developer
  • San Francisco
9
Votes |
53
Posts
Multi-Family and Apartment Investing

Any investor experience with using Letters of Credit?

Anthony Barbato
  • Developer
  • San Francisco
Posted

We are purchasing an asset and we have the option to use a mezzanine loan in 2nd position that is recourse using Letters of Credit as the guarantee. Has any investor invested using this method and what was the result?

Thank you

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