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Awesome!
Appreciate that!
How are you going to convince a seller to be subordinate? It’s so risky for them and most people are worried about getting screwed and would never let you over leverage their property and lose the house if you default
Not every seller will agree, but trust is the key. This is why it's not a common strategy but I wanted to share in those rare cases. Hope this helps!
You learn so much when you get into creative that gems like this can be quickly forgotten. This is so dope, thank you for the reminder.
Glad you liked it. Merry Christmas!
In my area hard money lenders won’t allow second mortgages…
Seller finance it and don’t use hard money. Most banks don’t like second mortgages. There are other ways besides hard money.
Thk you
You're very welcome!
![GEEK TIMË [OFFICIAL AUDIO]](http://i.ytimg.com/vi/ry-6RvkH880/mqdefault.jpg)
Awesome!
Appreciate that!
How are you going to convince a seller to be subordinate? It’s so risky for them and most people are worried about getting screwed and would never let you over leverage their property and lose the house if you default
Not every seller will agree, but trust is the key. This is why it's not a common strategy but I wanted to share in those rare cases. Hope this helps!
You learn so much when you get into creative that gems like this can be quickly forgotten. This is so dope, thank you for the reminder.
Glad you liked it. Merry Christmas!
In my area hard money lenders won’t allow second mortgages…
Seller finance it and don’t use hard money. Most banks don’t like second mortgages. There are other ways besides hard money.
Thk you
You're very welcome!