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4 August 2021 | 147 replies
How much money or collateral at 65% do you have?
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22 November 2015 | 23 replies
If this is correct, I would go to a local lender (no big back with a huge national presence) put on a suit and tie and show them how you would like to take 2 or 3 properties as collateral and use the proceeds to buy, fix and rent over the long term.
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6 September 2017 | 178 replies
Ugly car that I took as collateral for a loan and guy forfeited.
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28 July 2010 | 11 replies
The denial letter arrived saying that the reason was insufficient value or type of collateral.
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18 July 2016 | 42 replies
As to chattel financing, the collateral security is different than real estate and it's my understanding that there have been special provisions made for mobile home dealers, but all in all, I'd think that the underwriting and prudent lending aspects will be much the same, regardless of the classification of a consumer loan.
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20 June 2011 | 47 replies
He lost his personal property which he had used as collateral because of it.I would try and find a partner who does deals like this regularly.
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20 September 2017 | 3 replies
You can cross collateralize the %30 downpayment or whatever your hard money person charges.
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31 January 2018 | 78 replies
Not only is it collateral based but it's a hedge against inflation.
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28 November 2018 | 117 replies
Lenders want to know about your character, your capacity to repay the loan, capital, the collateral in that particular asset (as well as globally) and conditions.
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25 November 2016 | 3 replies
The holding CO is the LLC on the mortgage with the individual LLCs as the assets that are the collateral as well as any personal guarantees one makes on the loan.Also if you sell as a bunch of SFRs as a package you can use the holding company entity that sold the package and can then have only 1 LLC, the holding LLC be the tax entity that can take advantage of a 1031 as opposed to 25 individual LLCs that must each now purchase a new property to adhere to the 1031 guidelines