Finding the right private money! - Posted by stephanus

Posted by David Alexander on February 06, 2000 at 11:27:48:

People dont go into seconds at high LTV’s unless it’s cents on the dollar so that their yield and risk are rewarded.

Your not posting enough information as to what your looking for? Maybe their is another way to get the deal done your trying to do. Post the numbers and the deal and people will probably give you some valuable input.

David Alexander

Finding the right private money! - Posted by stephanus

Posted by stephanus on February 06, 2000 at 11:02:55:

In Carleton Sheets course, he gave the impression that a 2nd position private money is easy to find. - I have been trying to find a lender who can get a private money (or notes) that would take a 2nd position and I am stuck in dead ends. Anyone can point me to the right direction?
Or it may just not work these days?
Thanks.

PS: I am also looking for used Ron LeGrand courses.

Stephanus