Hard Money
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  1. #1

    Hard Money

    Does anyone here do Hard money 2nd position behind the mortgage?

  2. #2
    Senior Member Reputation points: 7360
    Join Date
    Aug 2015
    Location
    Boulder, CO
    Posts
    755

    Second Position is tough. You might try Lift Forward.

    If the client is open to refinancing their first mortgage and taking cash on top, please feel free to reach out to me.

    Best,

    Dan Page
    Boulder Equity Partners
    Direct: (303) 938-8280
    dan@BoulderEquityPartners.com

  3. #3
    Senior Member Reputation points: 34509 Jstarr's Avatar
    Join Date
    Nov 2014
    Location
    South Florida
    Posts
    840

    Lift forward isnt in the mortgage business, they offer term loans to A paper customers-

    They are trying to mimic WBL model where they collateralize the property against the loan - I wouldnt suggest it to anyone.

    and im guessing that its owner occupied?
    Last edited by Jstarr; 10-17-2018 at 07:15 PM.
    Jerry Starr
    Insource Funding
    433 Plaza Real,
    Boca Raton, Fl 33432
    P: 800-805-3391 Fx: 561-270-6895
    insourcefunding.net

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