Скачать или смотреть Second Position Mortgages Explained: Risks, Returns & Hard Money Loan Terms

Would you ever invest in a second position mortgage?
In this episode, we break down the real risk profile of second position notes, especially when paired with hard money loans. The conversation dives into how second position lending works, how it differs from first position debt, and why it requires a very different underwriting mindset.
We also discuss:
• What a second position mortgage actually allows (and limits)
• How hard money lenders structure second position deals
• Typical loan terms, timelines, and expectations
• Why second position debt carries higher risk—and when it still makes sense
• Real-world experience buying pools of distressed second mortgages
This is a transparent, practical discussion for investors looking to understand distressed mortgage debt, hard money lending, and alternative real estate finance strategies.