If you had a HELOC and pulled funds from that for the down payment on an investment property are you not still "borrowing money" I know that your property is collateral but it's still a loan...

Use Bank statement program, Use No Doc/Lite Doc/ 1 Year 1099 - or DSCR for (Investment only) Use Asset lending where you do not need a large deposit and the liquid reserves or assets acts as the collateral to offset risk.

I have seen some lenders get all the way into underwriting and deny the loan due to the "risk" of the collateral versus total vested interest.

I have a trailing collateral lien attached to my 1031 so the replacement property can not be a syndication, but can be a TIC if the other TIC member agrees to the collateral lien.

And there’s legal risk, the risk that either through insufficient documentation, or adverse court decisions, the creditors ability to obtain ownership of the secured collateral in event of default is compromised.  

No lender will finance a property in another country, unless you can provide collateral from your home country or you’re a large company and the lender will give you an unsecured loan based on your balance sheet but, anyway, both options would defeat the purpose of getting leverage through the purchased property.2.

Also, I would also not cross-collateralize the houses if a lender would even do a portfolio loan.On your second question about multifamily, I would not jump to multifamily until you have experienced the common management problems with single-family as the expenses scale with the size of the property as well as the cost of mistakes.I would consider getting Home Equity Lines of Credit (HELOC) on each property.

(We also invited him to visit our office so we could show him the physical collateral files and show him the online portals for our note servicer, bank accounts, note management systems, but he declined.

**Risk of Cross-Collateralization**: All properties are typically used as collateral, so if one property underperforms or defaults, it can affect the entire portfolio. 2.

I had used 2 properties as collateral.