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Updated over 8 years ago on . Most recent reply

Michael Spadoni's profile image
Michael Spadoni's profile image
Michael Spadoni
  • Investor
  • from Oahu, Hawaii
  • Member since Jul 7, 2016
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Michael Spadoni's profile image
Michael Spadoni's profile image
Michael Spadoni
  • Investor
  • from Oahu, Hawaii
  • Member since Jul 7, 2016
Connect
Michael Spadoni
  • Investor
  • Oahu, HI
10
Votes |
29
Posts
Tax Liens & Mortgage Notes

Borrower Refinance

Michael Spadoni
  • Investor
  • Oahu, HI
Posted

Goodmorning All,

I have been researching note investing and have a question.

If I purchase a 2nd Lien Performing note and the borrower refinances the 1st Lien does that require them to include the 2nd Lien in that refinance and cash out the 2nd Lien?

Thank you all for any responses.

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