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Updated almost 11 years ago,
Property as collateral for real estate loan?
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?