A Mezz deal can be a second mortgage, but it also can be any other position behind the first. As far as the equity that's a great question not a short answer, but we will make a video on this. The short answer is its all the capital in a deal usually behind all debt that's not secured and is in a first loss position.
![BLACK BAG - Official Trailer [HD] - Only in Theaters March 14](http://i.ytimg.com/vi/Du0Xp8WX_7I/mqdefault.jpg)
You guys make this stuff seem so exciting
Thank you, we love helping hard working business owners and real estate investors and find what we do exciting….
in very simple and lay terms, how is a Mezz 2nd different from a typical 2nd mtg...? Also, please explain the equity component as well. thanks!
A Mezz deal can be a second mortgage, but it also can be any other position behind the first. As far as the equity that's a great question not a short answer, but we will make a video on this. The short answer is its all the capital in a deal usually behind all debt that's not secured and is in a first loss position.