And they are still going to want to look at the collateral which is the house and title to the house will have the sale date..

Stop making the payments and the lender seizes the collateral pledged for said loan.

.), but no collateral, no cash flow, and existing debt, so I doubt I would be able to buy a place unless I came up with some creative FSBO financing.

I dont have a single property to show for collateral or anything but these people believe in me because I believe in myself and am confident in showing that to them.

What, Jeff are any and ALL of these methods secured by & collateralized with?

Also, I would like to point out that HML ask for cash available, equity in other properties (or your own home) or collateral to secure the loan.

A commercial lender offers loans backed by hard collateral, usually real estate.

Qualification does require collateral to weed out first timers.

Do you mean... your investors could hold my note as collateral and give me more funding?

You need to have want is commonly called “skin in the game” which means a combination of cash, equity, out-picket expenses already spent on the project, joint venture partner, cross collateral-able property etc typically equaling 20% of the loan size lent.