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Updated over 6 years ago,

User Stats

95
Posts
91
Votes
Travis Henry
  • Investor
  • Camas, WA
91
Votes |
95
Posts

Combining private equity and conventional bank financing

Travis Henry
  • Investor
  • Camas, WA
Posted
Just listened to the BP Podcast with Matt Faircloth and Matt mentioned that banks don’t want to see anyone (or entity) behind them in second position. Is this true everywhere or is it possible to provide a private lender with a 2nd on the mortgaged property as collateral? Is an equity play the only option when combining these two?