In real estate, debt is the amount due based on the contractual agreement or mortgage loan, and the security for the debt is the lien. The property serves as collateral for the loan and the borrower uses cash flow generated from the property to pay regular interest payments. Debt is senior to equity in the capital stack and will be the first to receive any payments or profits.
Debt
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PS Funding, Inc. CA Bureau of Real Estate - Real Estate Broker License No. 01984664; California Finance Lenders License 60DBO-45398
PS Funding, Inc. CA Bureau of Real Estate - Real Estate Broker License No. 01984664; California Finance Lenders License 60DBO-45398