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Private Lending & Conventional Mortgage Advice

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Mark Wilton
  • Investor
  • Mount Prospect, IL
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38
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Private Lending on an Owner Finance

Mark Wilton
  • Investor
  • Mount Prospect, IL
Posted Mar 31 2015, 20:16

Hi guys,

So I'm incredibly close to locking up my first Owner Finance deal but have questions about approaching my Private Investor for the Rehab costs.

Typically I'd say to my investor that they'd be secure by the note on the property but considering the Owner still holds Title in this case, how can I reassure my Investor he can be secured to a point and not in a second lien position.

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