I would spread them over a few different programs and investors (5) to Portfolio, (5) to DSCR, (3) to traditional, or NON/QM, The good thing about them is that they can be cross collateralized to get the funds needed.At the end of the day it can be done.

Hi, I was wondering what systems you are using in your note business to ensure all your files are properly organized from tapes to collateral files.

They will most likely require collateral on these transactions and will take the subject property as collateral. 

Rather than appraising every single location and getting a loan on each location individually... is it possible to get a lump sum and use it all as collateral?? 

I have seen a pinch lower if there are other creative elements involved like a seller second, or if the buyer is cross collateralizing another asset. 

If you are actually losing money on the property, then it doesnt sound like it would be good collateral for a loan. 

You already got the bad news related to the collateral of the existing listings, but as for furnishings you can simply add that as an addendum to your real estate purchase agreement. 

Can anyone recommend a community bank that they are collateralizing their portfolio of notes with in Texas?

FINANCING DOES NOT CHANGE THE VALUE OF THE COLLATERAL

As a newbie I would not suggest this be the type of collateral you cut your teeth on.