95% discount is common for 2nd position loans, which is what this video is describing. 1st position loans want to net 82% or more of the market value in its current condition. junior loans lose everything in a foreclosure, so 5% is better than nothing. i've done it.
95% discount is common for 2nd position loans, which is what this video is describing. 1st position loans want to net 82% or more of the market value in its current condition. junior loans lose everything in a foreclosure, so 5% is better than nothing. i've done it.
xtarka 4 years ago
hahahahaha 95% discount, You have some audacity boy.
clearly01 4 years ago