Any investors in Califonia willing to refi or lend on a 3rd?

Question

Why is it so hard to find financing in Califonia with not so perfect credit. I have a home I assumed and now I need to find the financing to keep it a float. What is the best route to go for refi if I was given a property that has a 1st in default and a private 2nd (prom note) also in default? Any help out there or advice. Willing to add investor to title if necessary.

Answer 1

where is it located, do you have an appraisal and what are the particulars on the promissory not as you said is in 2nd position.
The amount due on the 2nd, and the 1st vs the appraisal value of the property please.