
31 December 2023 | 18 replies
Usually the LTV in the land doesn't justify the risk for a hard money lender unless you have other assets to put down as a collateral.

31 December 2023 | 2 replies
A garage is attached to the land, not personal property.It would be part of the collateral for the loan , how do you intend to do this?

24 December 2023 | 14 replies
There is still risk involved due to the HELOC being collateralized against the primary residence.

4 January 2020 | 14 replies
AND the loan is not collateralized by the property.

1 August 2022 | 7 replies
The promissory note would only be executed at the time the property sale took place, as you have to own the property in order to pledge for collateral.

31 December 2023 | 3 replies
By that time in 3 years, I am confident that I can buy another apartment cash and rent it out and also use it as collateral for a loan to buy a fourth apartment.

30 December 2023 | 35 replies
Thus we can cross collateralize between current and future deals.

18 October 2023 | 57 replies
Or maybe one or more of those has enough equity that you can convince a hard money lender or preferably friend/family member to collateralize with those and lend you the cash for the rehab?

9 December 2019 | 7 replies
Did the private cash require any money down, or was it secured by other RE collateral?

10 August 2020 | 5 replies
You need funds for a rehab.In general, banks lend money to borrowers with collateral, like equity of a property or a person's good salary.