Private money 2nd, 68% CLTV

Where could I find a private money second on a condo in Seattle, WA. ? Any suggestions are appreciated.

Most of the private lenders are shying away from 2nd position notes. I personally had a bad experience as a 2nd position lender on a deal.

That LTV is quite low, though. I would first go to friends and family. Give them a good reason, demonstrate how secure it is and then show them what they can make and you’ll have a bite.

2nds are hard to find for hard money. In Seattle there may be one lender available.

Will send an email.