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.
ARV-approx $175k-$190k
First lien amount: $109k
Please contact me via email with suggestions
tadams419@aol.com

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