Sara S's Blog (1)

Second position commercial real estate loans

We can facilitate 2nds on commercial properties :

- up to 75% 

- these are not cheap but beats paying off a 1st to grab some cash ( 15-16% )

- LENDER WILL NOT ORDER ANY 3rd party reports ( saves the borrowers’ cash ) 

- Fund typically as soon as the inter creditor agreement comes in 

- $1MM and up. ( exceptions on a case by case basis)…


Added by Sara S on July 29, 2019 at 5:05pm — No Comments

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