Sentences with phrase «junior lien position»
I would just ask the lease option tenant to subordinate to a junior lien position after explaining to them what you are trying to accomplish.
https://www.biggerpockets.com/
For larger deals, that may require multiple lenders, those who are agreeable to a junior lien position can be rewarded with higher interest rates.
Not exact matches
Junior position notes are not advisable unless you keep a large cash reserve in your IRA account to cover possibility of advancing funds to a senior lien.
Junior position notes are not advisable unless you keep a large cash reserve in your IRA account to cover possibility of advancing funds to a senior lien.