2 min read
Ted Spradlin: Jul 22, 2023 4:12:06 PM
This article outlines the requirements for a hard money second mortgage that you, as a borrower, need to have ready prior to applying for financing....
3 min read
Ted Spradlin: Jul 22, 2023 1:54:25 PM
A hard money second mortgage is a junior lien secured by real estate and usually issued by a private lender rather than a bank or conventional...
2 min read
Ted Spradlin: Jul 4, 2023 4:13:06 PM
Hard money second mortgages for hotels can help hospitality property owners who have lower interest, long-term debt secured in the first position to...
3 min read
Ted Spradlin: Jan 2, 2023 10:38:17 AM
A homebuyer secured a seller-financed first mortgage at 85% Loan-To-Value (LTV) and asked if FCTD could provide a hard money second mortgage for the...
5 min read
Ted Spradlin: Aug 30, 2022 9:04:55 AM
If you’re a house flipper already approved for a hard money first mortgage, but need a second mortgage to cover down payment and closing costs,...
6 min read
Ted Spradlin: Aug 22, 2022 9:44:50 AM
This question has come in through the website dozens of times over the years from prospective house-flippers who are short on funds to close their...
6 min read
Ted Spradlin: Dec 27, 2016 11:31:34 PM
If you're a real estate investor or entrepreneur in California, a hard money business purpose HELOC (home equity line of credit) gives you quick...
