Allow seller held 2nd?

[Daniel D. Dawson]

This used to be a very popular transaction a few years ago and something we used a lot. Are there any hard money or private lenders that allow a seller held 2nd to 100cltv?

[Maxwell Deibel]

Dan - Please send over a summary of the transaction.  I am a private equity lender based in Stamford, Connecticut and I do allow sellers to hold paper.  I will gladly take a look at your transactions, I believe you have a second deal needing financing as well.  [e-mail]

Regards,

Max

[Daniel D. Dawson]

Thanks again Max I will with this over as well. Great to hear someone out there is making common sense decision when underwriting.

[Michael Shaw]

Hard Money Mike 443-838-9563

up to 80% Investment, 65% cashout, 80% Commercial, 50% Land Dev.

South Ft. Myers FL. Since 1971. fishermike50@gmail

All 50 states. JUST LIVING THE DREAM!

Seller 2nd 35% is O.K.