I have a contract on a property that I can get funding for 80% of total purchase. After including the points, interest & closing costs, the difference in the amount I need to close & renovate the property is roughly $27k
I'm looking for a private lender willing to finance the gap & willing to be placed in 2nd lien position. The property is in Salisbury, MD.
First lien amount: $109k
Please contact me via email with suggestions