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Updated about 9 years ago on . Most recent reply

User Stats

110
Posts
24
Votes
Jeremiah H.
  • Investor
  • Tavares, FL
24
Votes |
110
Posts

Looking to do 60/30/10 loans in Florida

Jeremiah H.
  • Investor
  • Tavares, FL
Posted
My portfolio lender is willing to let me into properties with only 10% down if I can keep them around 60%. This leaves me with the remaining 30% to finance. Are there many sources out there for this money given that they will have to take a second position? I'm willing to do shorter terms, interest only, higher rates, or whatever it takes to make deals happen this way. This would be in Central Florida.

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