Use preferred equity in these 3 common scenarios:
(1) You have an investor buying a non-owner-user commercial-investment property. The bank refuses to make a first mortgage larger than 60% LTV. The buyer only wants to put down 25%. We'll cover the gap.
(2) Your client has a balloon payment coming due, but he can't qualify for a new first mortgage large enough to pay off the old first mortgage. We'll cover the gap.
(3) Your client wants to buy out an impossible partner. We'll provide the capital to buy him out.
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