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Updated almost 5 years ago on . Most recent reply

Ryan Nodurft's profile image
Ryan Nodurft's profile image
Ryan Nodurft
  • Rental Property Investor
  • from Denham Springs, LA
  • Member since Apr 19, 2019
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Ryan Nodurft's profile image
Ryan Nodurft's profile image
Ryan Nodurft
  • Rental Property Investor
  • from Denham Springs, LA
  • Member since Apr 19, 2019
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Ryan Nodurft
  • Rental Property Investor
  • Denham Springs, LA
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Innovative Strategies

Best option for REI using land as collateral

Ryan Nodurft
  • Rental Property Investor
  • Denham Springs, LA
Posted

My mother-in-law has about $600,000 worth of land. She is retired and living on social security. I'm trying to help her use that asset to give her some additional cash to live off of. What are some good options that she should try that don't require her selling the property.

My thoughts are to get a loan using the land as collateral to invest in a rental property or as a private investor.

Any ideas?

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