- Getting an 80% first trust loan (this is his primary loan), or $80,000.
- Getting a 15% second trust loan (this loan is at a higher rate), or $15,000.
- Putting 5% of his own money into the deal, or $5,000. (That would be the "5" in the 80/15/5).
What Do 80/15/5 and 80/10/10 and All Those Other Numbers Mean?
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