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Updated over 16 years ago on . Most recent reply
cross collaterization
im looking into other ways to purchase more rental property...ive bought rehabbed and rented 3 three families this year...one property i have has $75K...it was just appraised at $260K and i owe $185K
is this enough to cross collaterize?...at 75% LTV its only about $10K...is this how they look at it?