The best advice I can give you is get everything to your loan originator so all he needs is the collateral, waiving your mortgage contingency will be a lot less risky but help you stand out among all the other offers.

When a borrower has more than one property pledged and other collateral is sold, it reduces the debt and remaining collateral may be adjusted as well.

Auto extension agreementsA list of reminder clauses to be used when seller agrees to finance;Subordinated agreement, Early pay-off discount, Substitution of collateral, First right of refusal, Principal mortgage clause, Interest only clause, Delayed payment terms, Seller option to buy back, lease back, Prime rate clause, Stutter clauseThe above is a good place to start when getting into this wonderful business.When you get the lead, be ready to do business.Charles

I will grant the bank collateral in all the houses that we are purchasing.

House Hacking is a great direction to obtain Landlord Status and show collateral for investors for future acquisitions.

There will need to be an entity able to withstand recourse liability, and if the LLC doesn't have another guarantor and/or collateral, then they're going to base your terms on your personal financials.I would shop some local bank balance sheet lenders as well as credit unions. 

Present day:  Here's what we do... we simply add each property as collateral against our overall line of credit.  

Why not put that money down, use one of your previous properties as collateral, and get a acquisition/rehab loan. 

Unless you have enough properties to do a "wrap" loan for cross collateralizing or something along those lines, I don't see the purpose of going commercial.

The net result is that appraisals are coming in low, which further depresses prices and further reduces the value of the banks' collateral.