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28 February 2024 | 19 replies
They offer unsecure loans, not using any collateral.
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28 February 2024 | 130 replies
Stick with the same lender so you can cross collateralize your equity buildup without selling.2.
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27 February 2024 | 5 replies
Perhaps you can hypothecate the note to a lending institution, or use the notes as collateral for a bank loan?
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1 March 2024 | 97 replies
Very few folks at BP have had true training in Mortgage Origination, Probate, BKs, Divorce, Wraps, AITDs, CFDs, Lease Options, Title Problems, Sub2 and Land Trusts, negotiating with the seller, DOTs and Mortgages, subordination of notes, substitution of collateral, etc.
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26 February 2024 | 11 replies
You are better off with a DSCR loan and paying a little higher rate, plus a lot less risk than using all of your net worth as collateral.
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26 February 2024 | 0 replies
Lot was free and clear and used as the collateral for the construction loan How did you add value to the deal?
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25 February 2024 | 13 replies
I have a number of personal contacts, I believe, who would be interested in coming in on a loan with me, allowing me to manage all the details for a decent return (backed by collateral).
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25 February 2024 | 13 replies
Most lenders won't do that unless you have free and clear cross collateral involved.
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21 February 2024 | 5 replies
@Lilly FangNo experience - what are they offering as collateral and projected returns?
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21 February 2024 | 0 replies
We gave the buyer a 0% hard money loan collateralized by the property in under 48 hrs.