Private Lending Options in 2nd position?

[Ryan Luthi]

I have multiple properties with equity and cashflow I am looking to put a 2nd private mortgage on and I would pay 10% Interest only payments per month.  Does anyone know anyone who might be interested in having a conversation around this type of thing?

Thanks for your help!

[Jay Hinrichs]

these are tough.. there is no one who has a for profit business that is writing these

especially at that low of interest rate. Market rate for seconds if U can get one is 15% plus points or higher.

Suggest you go to family and friends that will do it to help you out as much as anything.

Good solid first position loans are paying 12% plus..