I just call them and yes, they borrow less than a 100k!

Home equity loans may not be obtained on land that is taxed as “open space” or as agricultural land.The loan may not close until twelve (12) days after the borrower has applied for the loan and has received a formal notice of the borrower’s legal rights.Not less than one day before the closing, the borrower must be given a final itemized disclosure of the actual charges associated with the loan, including actual points, fees, costs and interest.

The CRE lending market is expected to recover gradually, with opportunities emerging as interest rates stabilize and maturing loans drive new borrowing activity.Some regional banks are certainly struggling while others are consolidating in bid to become national powerhouses.Revised CRE Lending Projections2024: 26% growth to $539 billion (down from previous 34% growth forecast)2025: 23% growth to $665 billion (slightly lowered from 24%)Multifamily Sector Adjustments2023: $246 billion (49% drop from 2022)2024: 21% growth to $297 billion2025: 31% growth to $390 billionMarket FactorsRecent moderation in interest ratesSignificant number of loans maturing soonProperty owners hesitant, hoping for further rate decreasesUncertainty persists in the market, particularly regarding interest rates and property owner behavior.

yup I believe loans in excess of your basis the interest is not deductable.. and from what is posted sounds like that would for sure be the situation  .. so maybe if he chooses to take the loans he needs to only borrow his basis.. on each property.

I stumbled across private lending and was amazed at what borrowing money did for my investing (the supply of leverage).

Will lenders entertain an early-stage conversation about how much I can potentially borrow across a few different properties? 

@Cassandra AlessioHard money loan could work to change it and then refinance back out of itWhat is purchase price and what is amount your looking to borrow ?

@Jenny Vasquez - you totally can, it's your prerogative as a borrower.

When starting, I say "borrow as much as you can for as long as you can."

I've worked at lenders and I have brokered, and I have been part of broker chains that had a few brokers on a deal so I've dealt with every moving part of this process: Title Companies, Insurance Companies, Lenders, Borrowers.