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Updated over 6 years ago, 07/19/2018

Seth Crowder's profile image
Seth Crowder's profile image
Seth Crowder
  • from Indianapolis, Indiana
  • Member since Sep 29, 2017
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21
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3
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Seth Crowder's profile image
Seth Crowder's profile image
Seth Crowder
  • from Indianapolis, Indiana
  • Member since Sep 29, 2017
Connect
Seth Crowder
  • Indianapolis, IN
3
Votes |
21
Posts
Private Lending & Conventional Mortgage Advice

Architect drawings as equity?

Seth Crowder
  • Indianapolis, IN
Posted

I have a buddy who is a great architect. We are exploring a partnership and he said that banks will often accept architect drawings as equity when considering lending on a fix/flip or new construction deal. 

Is anyone familiar with this at all? The hard money folks didn't seem to know what I was talking about when I asked. 

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