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Mark Weinberg
  • Rental Property Investor
  • Largo, FL
2
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23
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2nd Lien Financing to get 100% LTV financing

Mark Weinberg
  • Rental Property Investor
  • Largo, FL
Posted

Can a private money lender or hard money lender offer 2nd Lien financing to cover 100% LTV on an investment property to buy and hold?

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Alexander Felice
  • Guy with Great Hair
  • Austin, TX
4,477
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Alexander Felice
  • Guy with Great Hair
  • Austin, TX
Replied

Technically doable, but why would anyone want the 2nd position of an over leveraged loan. 

You shouldn't even want someone you consider a partner to take such a lousy loan. 

Find some equity! 

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