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Updated about 10 years ago,
Would a HML lend to 100% of funds if it was 70% LTV?
If I was able to buy a property for more than 30% below Fair Market Value and Appraisal, would any HML provide 100% of the funds used to acquire it? Class A asset and HML would have the only lien on it. (If not, what if I put $1k down or $5K down)
Thanks
Jonathan