@Joshua Smith check out services like Unchained Capital and Blockfi - you can secure short-term loans collateralized by crypto, use it for a downpayment, refinance and pay back the loan. 

Sometimes you're collateral damage of someone else's actions.

Contrary to conventional lenders, our focus leans towards the collateral property's value rather than the borrower's credit score or income.

Plus couldnt you use the payed off houses for like collateral for other houses you plan to purchase?

Your cash is still in the deal and being used as collateral.

In the end, the bank or private lender is going to ask for TITLE INSURANCE on any property you offer as collateral for a loan.Why do you think financing a property after paying cash for it allows you to secure a loan?

The appraiser will likely already need to be on a panel of approved vendors with the new lender or the new lender will need to already be using the AMC that was involved.I have never worked with Lima One so take this with a grain of salt as I really don't know how they operate.However, I have originated over 400 commercial loans like the ones they offer and I can say that without exception, I as the broker had access to the appraisal as soon as it was received or within 24 hours or so (if collateral desk is first to see it and there are obvious revisions needed). 

-Secured credit line against a CD that you have with a bank: This gives the bank the security of collateral but also still provides you the ability to list some non-RE assets on your personal financials.

Looking to wrap it into another deal at some point to use its equity as the collateral for a binger deal.

@Marsha Fils I used my tax return to buy a foreclosed FHA property back in 2011...purchased at $77,000, did a live in rehab of $7,000 and it appraised at $126,000...after the year occupancy I used the property as collateral to do a construction to perm project...then flipped some more...then re-fi'd to an ARM...then pulled a HELOC...then bought some more property....and on it goes...Still own that one today and it rents at $1,200/mo...worth $145k today conservatively and has a solid equity position.