A lot of times the owner has taking out second and sometimes third mortgages on the property. (biggerpockets.com)
There are several private money lenders offering low interest third mortgage programs for cash back, home remodeling, debt consolidation and more. (bdnationwidemortgage.com)
There are a handful of private equity companies advertising third mortgage loan programs for the purposes of cash out, real estate investments, and much more. (bdnationwidemortgage.com)