anya,You may find a hard money lender that will work with you, but it depends on how much collateral you have in the property, they will not help you if there is no skin in the game, and if they do, your interest rate and fees will be killer. from what it sounds like, you may be better off selling as is and not creating more debt in order to maybe make more money on the sale. 

Has anyone ever obtained a secured loan from a bank using a pool of Louisiana Tax Liens (Tax Sale Certificates) as collateral? 

The challenge with your plan is the lender doesn't have much for collateral.

Here is the situation:Borrower Looking for $100k for business purposes in San Diego Ca.I would have a 3rd position lien on his investment home at 85% LTV worth 1.2m currently.This same home in 2008 was only worth $800k which would mean my lien would be worthless.Borrower has agreed to let me cross collateralize against his owner occ( would be 2nd lien position at 85% cltv and business and personal. 

AND make sure you collateralize your money appropriately if you ultimately decide to move forward with her.Best of luck!

I've been able to cross-collateralize on existing notes, financed no money down deals, and obtained a large unsecured credit line all through smaller community banks. 

How much money or Collateral at 65% do you have? 

That's legal fee, wiring fee, doc prep fee, there's an audit of the appraisal called a Collateral Desktop Analysis as well.  

They are both collateralized loans with revolving payments. 

Hello,Can anyone recommend a good collateral business loan company to work with for a client.