Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

40
Posts
5
Votes
John Roeder
  • Investor
  • San Clemente, CA
5
Votes |
40
Posts

How do I make this work?

John Roeder
  • Investor
  • San Clemente, CA
Posted

I have a local credit union that will loan money to me at 2% for a term of up to 20 years. The only caveat is that i have to have an equal amount in an account with them as collateral. I feel like this could be a great opportunity, but I am unable to connect the dots and find a way to use it in my investing. Anyone got any ideas??!! And for clarification if they loan me $100k I need to have $100k in an account with them that I cannot use, since it is collateral.

Most Popular Reply

User Stats

546
Posts
269
Votes
Jason Dillard
  • Real Estate Broker
  • Greer, SC
269
Votes |
546
Posts
Jason Dillard
  • Real Estate Broker
  • Greer, SC
Replied
I'll lend you your money back at 1.9%.🤔

Loading replies...