Subordinate financing, also known as second mortgages or junior liens, has become an increasingly popular tool for property investors seeking to maximize their borrowing power and leverage their investments. As the name suggests, subordinate financing is a secondary loan that is taken out in addition to a primary mortgage. This type of financing is secured by the same property as the primary mortgage, but it ranks lower in priority, meaning that the primary mortgage lender has the first claim on the property in the event of default. While subordinate financing can provide investors with additional capital to fund their property investments, it also comes with a unique set of benefits and risks that must be carefully considered.

Read more: https://tinyurl.com/3ue3p9rc