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Updated over 1 year ago on . Most recent reply

Kris Kempe's profile image
Kris Kempe's profile image
Kris Kempe
  • Member since Jul 5, 2023
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25
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Kris Kempe's profile image
Kris Kempe's profile image
Kris Kempe
  • Member since Jul 5, 2023
Connect
Kris Kempe
13
Votes |
25
Posts
Creative Real Estate Financing

1st position and 2nd position creative financing

Kris Kempe
Posted

Can someone explain the difference between first position and second position when it comes to lending. I can make assumptions that if things happen it’s for collateral but what’s the main difference?

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