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Updated almost 11 years ago,

User Stats

65
Posts
1
Votes
Rodney Dixon
  • Tampa, FL
1
Votes |
65
Posts

Property as collateral for real estate loan?

Rodney Dixon
  • Tampa, FL
Posted

In the midst of my real estate investing, I've come across the common obstacle of obtaining funding for my deals. After doing a little reading on such a issue, I gathered the idea that the properties that I'm looking to invest in can be used as collateral for the actual real estate loan. Is this true? I mean can I claim whichever one of my potential properties that I'm looking to buy as collateral for the same loan that I'm trying to get in order to buy that property?

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