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Updated about 9 years ago,
PML or 2nd position funding in TN
...my partner and I are new to REI ...or the "flipping" business (8 months) ...however ...not new to the rehabbing aspect ...having over 28+ yrs in the home building/rehabbing business (interior and exterior)
...we are finding great properties ...to work on ...with great numbers ...and plenty of 1st position lenders to do so
...OUR ISSUE is ...our reserves went into start up costs of the business ...now we are short ...and finding 2nd position lender ...or an actual PML to work with us in TN ...is not impossible ...but seems that way ...we have exhausted several avenues ...just looking for short term 6months-12months (preferred) ...and we can make monthly interest payments
...any suggestions for QUICK FUNDING would be greatly appreciated
...thanks for your time and consideration
...blessings
...Kelly