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Updated almost 7 years ago,
Cross-Collateralizing Existing Units to Buy More Units
Hello BP lenders, My wife and I are looking to expand our Las Vegas, Nevada rental portfolio and wanted to explore cross-collateralizing our existing properties.Do you know any lenders who are experienced in cross-collateralizing?What do cross-collateralizing terms look like?
Why cross-collateralizing? I have 4 Quads with low 30 year rates.
We are not flippers, we are strictly buy and hold investors.