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Updated over 4 years ago on . Most recent reply

User Stats

45
Posts
21
Votes
Dennis Soto
  • Investor
  • Middlesex, NJ
21
Votes |
45
Posts

What is considered collateral to a Hard Money Lender?

Dennis Soto
  • Investor
  • Middlesex, NJ
Posted

I am looking to get started on real estate investing but I lack the capital to get started. I currently "own" two properties (a rental property and a primary residence) which both have a mortgage with built-up equity. Would these properties be considered as collateral to a Hard Money Lender?

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