Thoughts on using vehicle collateral funds for real estate investing

[Brandon Gamblin]

Ok guys.... Here the situation...

I'm strapped for cash. I need a loan to put into my real estate business but my credit is not good and in the process of being rebuilt. I've tried and tried to get a personal loan but things aren't working out like Id hope. But I'm not giving up hope!!! 

I paid off my car about a year ago, and despite believing heavily in not having a car note (At one point I had three cars and paid all three off) I might have to put up my car for collateral just to get the funds for a real estate deal that I'm trying to buy creatively, as well as use the funds for some operating expenses for the business. 

I've looked into putting my car up for collateral, but the issue is, UNFORTUNATELY, these banks are STILL looking at my credit!! Even with a job, the banks are still accounting for it and, to be honest, I'm not happy about it at all. Frustration has sent in and I sit and ask myself, "then what's the point of a collateralized asset if my credit is still being looked at??!!!" 

So I now set myself to find some private lenders who lend outside of institutional underwriting guidelines, and according to their own guidelines. Maybe there are some PRIVATE lenders out there who will lend based on my car? Like they would real estate? I don't know.

But that's why I've come to this forum. To get the thoughts of financial and real estate geniuses about this situation of mine. And to hopefully steer me in the right direction. 

Thoughts?