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Updated over 1 year ago on . Most recent reply

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Carlos Handler
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Carlos Handler
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Carlos Handler
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Private Lending & Conventional Mortgage Advice

Private Money: silent 2nd mortgage on deed

Carlos Handler
Posted

Is there private money lenders that will be silent as 2nd mortgage for downpayment? I’m trying to do fix and hold properties. Where can I find them? I need to come up with 20%. Thank you! 

Riverside, California
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Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Carlos Handler

Sorry to be blunt but don’t waste your time. Why pay $50k more for a house than it is worth.

No lender will touch that anyways as it is an unsecured loan

  • Chris Seveney
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