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Updated 9 months ago,

Wes Holmes's profile image
Wes Holmes's profile image
Wes Holmes
  • Investor
  • from Memphis
  • Member since Jun 23, 2021
Connect

User Stats

8
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2
Votes
Wes Holmes's profile image
Wes Holmes's profile image
Wes Holmes
  • Investor
  • from Memphis
  • Member since Jun 23, 2021
Connect
Wes Holmes
  • Investor
  • Memphis
2
Votes |
8
Posts
Private Lending & Conventional Mortgage Advice

Hard Money Collatoral

Wes Holmes
  • Investor
  • Memphis
Posted

I'm just curious whether hard money loans are ever collateralized by anything other than the real estate being purchased. I'm reading an application that sounds as if my personal assets would back the loan. That even though I'm borrowing through an LLC...essentially business to business. Anyone heard of this?

Memphis, Tennessee
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