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Updated almost 4 years ago,

Khizer Husain's profile image
Khizer Husain's profile image
Khizer Husain
  • Member since Jul 25, 2020
Connect

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64
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10
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Khizer Husain's profile image
Khizer Husain's profile image
Khizer Husain
  • Member since Jul 25, 2020
Connect
Khizer Husain
10
Votes |
64
Posts
Creative Real Estate Financing

Seller Carry 2nd position

Khizer Husain
Posted

I am doing some commercial deals and the seller will be carrying about 5% in 2nd position, is there any risk by not telling the bank or lender about this? Some lenders have various rules and it complicates deals. I am considering not 

Seller would be OK to take the lien after the deal is closed. Please inform and guide 

Thank you

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