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6min chapter
How to Buy Streams of Income w/ Rob Hytha
The REtipster Podcast | Land Investing & Real Estate Strategies
Second Position Loans
The second position is a government programme to encourage banks to do loans that they wouldn't otherwise do. The biggest proxy for whether or not the borrower is going to pay is the status of the senior lean. With a helpful lender, an ontrepenorial lender who can think outside of the box,. we're often able to get modifications place on loans even when numbers don't look good. But we got a much better price on the deal because in those deals you really have greater yields.
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