But it depends on what kind of note it is, commercial RE, with or without inventory or business assets, residential, 1st, 2nds, performing, non-performing, slow pays, guarantors of any kind, cash loans or funded with equity based on a sale.Notes are more involved than RE, RE is only part of notes as the collateral.

Anything done would need to be agreed, in writing, being subject to the collateral interests.

If you talk to the average bank, they generally are not going to know much about MF underwriting.Virtually every lender (commercial, MSE MF, even private lenders) are going to want your "skin" (dollars) in the deal unless this is an astoundingly good deal, you have extensive experience, or can substitute other substantial collateral to bolster the deal.

There are local banks that may be able to do a cross collateral loan which is one larger loan that liens all your rentals together.However very specific advice on your scenario can vary depending on your unique scenario, financial statement, credit, and etc

Most times they weasel is when they note the issue in their commitment, like of access or will not cover location of property line if no survey done etc.If you ever try to refinance some of your money out or use it as collateral you will have to buy it anyway.

First right of refusal, substitution of collateral, subordination clause, non-recourse provision, pre-payment penalty, etc.

This takes place when the debt exceeds the value of the collateral.

What if you could offer the borrower a program where they could use their assets as collateral for the loan without having to liquidate?

If you have some assets you can look at loans with that as collateral.

To make this less confusing we'll call the property we're analyzing 'property A' and my partners property 'property B'.My partner has a free and clear income property he is willing to use for collateral.