
26 April 2021 | 3 replies
Are there any banks doing cross collateral bridge loans?
23 June 2019 | 13 replies
It's just a loan using the note as collateral.

5 August 2022 | 6 replies
How much cash can you get on your collateral at 65%?

28 May 2019 | 90 replies
@Reid MathewsBest Real estate Fund I have found and invested in is called MIGSIF and they offer a cross collateral against all their assets, (SAFETY), they pay 8% per year as a debt fund (cash flow) and you can cash out within a few months notice (liquidity) - they have been operating for a long time very successfully The Fund Manager not only is a principal and a manager of the fund, but he also teaches and partners up on deals with his investors and other funds - He has been filed with the SEC for over a decade - he has another fund registered with the SEC - very transparent, his deals are in San Francisco, CA, OH, FL and Puerto Rico He also has a structure to reduce his investors’ taxes through a tax incentive structure which is extremely beneficial for people like me with a high income tax bracket I have been with him for years and they keep on growing steadily

10 October 2021 | 7 replies
I’ve noticed ag style loans are typically 1-1.5% more than a standard mortgage for the added due diligence and illiquidity of the land collateral.

5 February 2024 | 2 replies
@Reagan Huefner I would consider connecting with a construction lender and using the land as collateral.

23 July 2023 | 3 replies
In essence, the buyer's new mortgage "wraps around" the existing mortgage, combining the two loans into a single agreement.Here's how it typically works:Existing Mortgage: The seller has an existing mortgage on the property.New Mortgage: The buyer purchases the property and agrees to make mortgage payments to the seller, who acts as the lender for the new mortgage.Combined Payments: The buyer makes a single mortgage payment to the seller, who then uses part of that payment to cover the original mortgage (if any) and keeps the remaining amount as their profit.Collateral: The property serves as collateral for both the existing mortgage and the new mortgage.Key points about wrap mortgages:Risk for the Buyer: While wrap mortgages can provide an opportunity for buyers to obtain financing when they might not qualify for a traditional loan, they also come with risks.

17 January 2024 | 40 replies
I work with top providers that offer no down collateral and is promissory.

17 September 2018 | 6 replies
At that time I learned that a lot of banks don't want to finance a mobile home that is more than 10 years old, and many times they only feel comfortable if it comes with some land so that they can use that as collateral.

14 May 2019 | 167 replies
I did that on some larger loans I had 5 to 8 million dollar facilities that rolled annually.. we negotiated if the bank want to call them I had 36 months to retire them without being in default and believe me I need every last month to get that done.. there were other HML who had the same facilities and it put them out of business when the banks forced them to cram down.Just like if you have multiple loans from the same lender and even if they are not a blanket loan.. you default on one and your cross collateralized Many don't know that one either.. again. not blaming the public .. half the time they don't get the docs until day of closing and who is going to read a 30 page mortgage and if your not in the industry who is going to understand all the nuances of the different clauses .. ???