Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

121
Posts
33
Votes
Mallikarjun Reddy Pateel
  • Investor
  • NJ
33
Votes |
121
Posts

Private Money lending on Subject to Properties

Mallikarjun Reddy Pateel
  • Investor
  • NJ
Posted

Let’s say If i have to Put 20-50% down on a Subject to Deal do PML will lend?

I’m thinking not because there is a Already a Primary Lien( Mortgage).

can one Property have Multiple Liens? like if the property is Worth $100k and there is already a Mortgage for $80k, and If I’m doing Subject to and Seller asks me to put 20%, do PML will lend me $20k as Down pay?

Looking for advice on this Topic

Most Popular Reply

User Stats

572
Posts
572
Votes
Derek Dombeck
  • Real Estate Consultant
  • Wittenberg, WI
572
Votes |
572
Posts
Derek Dombeck
  • Real Estate Consultant
  • Wittenberg, WI
Replied

Of course it's possible to leverage 100%. It's just not likely that you will find a lender willing to take the risk with you if there isn't some additional value there

Loading replies...