Looking for a 2nd Position Bridge Loan on $1.6M Property
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  1. 07-11-2017, 06:41 PM #1
    NickHubbard
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    Looking for a 2nd Position Bridge Loan on $1.6M Property

    Hey Guys

    Does anybody know a lender that does 2nd positions?

    Looking for max LTV!


    -Multi Family Residential Property / Value is $1.6M / over $1M in equity in property

    -1st position balance of around $500K

    -Borrowers runs business out of property, but does not live there

    -Business annual gross revenue is around $640K

    -600+ credit score
    Last edited by NickHubbard; 07-11-2017 at 07:13 PM.
    Nick Hubbard
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