Great alternative for wealthy relatives….· Any person may pledge assets on behalf of borrower· Refinances – instead of liquidating assets to pay down the mortgage so you can refinance, pledge assets instead.· Complete flexibility to trade the assets…the borrower can continue to buy and sell stocks within the asset portfolio….· Assets may remain at borrower’s own financial institution (BofI Lending would be added as a creditor/beneficiary) or they may be deposited into BOFI Federal Bank.· Available on all scenarios; all products, occupancy types, property types, Interest Only, etc., and may be used in conjunction with Asset Depletion.· 10% down with no Mortgage Insurance and loan amounts up to $5,000,000 or more….· No charge to lock - $250 admin fee is the only cost of this program.· Compensation is paid out based on the higher loan amount Sample scenario of a loan · Transaction Type: Purchase· Purchase Price: $2,500,000· Loan Amount: $2,000,000· Property Type: SFR· Assets: $2,000,000· LTV: 50%· Effective LTV: 80% (with pledge)

Some of the lessons learned are shared in this article, and I want to share those lessons related to the financing of the purchase.Financing is always the biggest piece of the puzzle in commercial real estate.

Give that is a townhouse, the association will take care of all exterior related issue so it is a safe distance investment in my personal opinion.

From my perspective, it's not just about ensuring that you are legally allowed to invest and that you are able to proper publicly recorded title to a property, it's also about all of the other laws indirectly related to owning the property (ie. the court system, environmental laws, tenant/landlord laws, business laws, etc, etc).

.- It creates a lien on investment property: asset protection.Normally LoC is good if you need money for a relatively short time, pull out and put it back.

@Dawn Anastasi I can relate to the workmen leaving the window open.

relatively new to the investing scene and the wholesaling thing both altogether, however wholesaling might be difficult in my area because I do not live around abandoned properties, nor are there none close to me.

You can see the influences of big business in this country, clearly in the ACA that took on our health care system and the outright war declared by the industry in all kinds activities to sabotage the Act.

The good news is it's a six month lease so we can part ways relatively soon.If anyone has a late payment letter they like, please let me know.

Since parking and real estate are soo closely related.