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Updated about 8 hours ago on . Most recent reply

Nancy Franco's profile image
Nancy Franco's profile image
Nancy Franco
  • Member since Jun 17, 2025

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10
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Nancy Franco's profile image
Nancy Franco's profile image
Nancy Franco
  • Member since Jun 17, 2025
Nancy Franco
4
Votes |
10
Posts
General Real Estate Investing

Lien Position Question

Nancy Franco
Posted

I was considering a PML deal that was structured with two funding rounds, one for the initial purchase and rehab start and the second for the remaining rehab. The deal indicated that even as a second round investor, I would still be in first lien position with the JV and joinder agreements. My research is telling me otherwise. Any legal experts who can clarify?

Providence, Rhode Island
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