I have a offer on a commercial property that is asking the seller to carry a second position. If the seller declines due to the having to carry a second position is there second position purchase loans available?
Deal is 1.5M I am bringing 10% have a few banks willing to do 80% LTV and asking seller to carry 10%.
Any advice would be appreciated.
Am looking for the same if you find any thing please let me know I can use funding I have a deal 2.3m am bringing 10% I need 90% loan
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