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Updated over 2 years ago,
Looking for hard money loan advice
I am looking for someone that offers hard money loans on owner occupied properties for a 2nd lien position. I am looking for a $340,000 loan on our property valued at $1,100,000. I am willing to pay a high interest rate with a balloon payment due in 24 months. There is a first lien holder position for $616,000. Any advice is appreciated.