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Updated almost 7 years ago,
South Carolina Lenders That Allow Subordinate Financing?
South Carolina Investors:
Does anyone know of any South Carolina banks that will allow subordinate financing on investment property (residential or multi-family)?
I've come across some deals that the seller is willing to hold back a second mortgage of 15% and another deal where the seller was willing to hold back a second of 20%. I'm trying to put down as little as possible. Arthur State and First Palmetto seem open to it, but was curious if anyone knew any others?