Dawn Heimann
Series LLC or Just LLC's? / Local CPA who invests in RE?
10 April 2021 | 25 replies
For instance, I can't re-leverage them as easily, nor can I cross collateralize them to name a few simple strategies.
Timothy A Kober
Start up funding
15 September 2016 | 1 reply
Sounds steep, but depending on what your collateral is and how far a personal guarantee goes, it might not be completely out of the question.
Account Closed
Looking for Hardmoney or Financing
24 November 2016 | 2 replies
I might be able to help but the solution I have in mind is someone that will finance 70% of the deal and require 1st position on the collateral.
Brandon Levi Eagan
Trouble finding partner/private money for Duplexes
24 November 2019 | 12 replies
Collateral, security for their investment.
Jessica Flint
Help finding a financial investor
8 May 2020 | 8 replies
@Tim Herman she can pledge the property as collateral when she has it under contract.
Elijah Roberts
Help! How do I qualify for financing in Illinois
23 December 2016 | 12 replies
I've been trying to use one of my assets as collateral for the $50K , but I've had no luck.
Kate Lee
Question for private/HM lenders: How do you verify the track record of a rehabber?
9 July 2015 | 19 replies
I spent 20 years of my career overseeing credit/collateral operations for "a major wholesale bank" and have been involved in the closing and aftermath (collateral liquidation) of over 500 savings and loans and banks in the southeast and liquidation of billions in mortgage collateral.
N/A N/A
Hard-equity lending, consider these creative techniques
20 September 2006 | 4 replies
Hard moneylenders are collateral based and typically require first position on the property.To boil it down "A hard-equity loan is flexible and quick.
Crystal Townley
Reverse 1031 Exchange
31 July 2023 | 3 replies
The loans must be non-recourse to the Exchange Accommodation Titleholder, but can be guaranteed by the client and/or cross collateralized.
Sean Molloy
Hard Money Lender- Ask Me Anything
9 July 2014 | 18 replies
Jesse,After a refresher on a Bigger Pockets advertising policies, here is my updated response:You should approach a hard money lender and ask that they qualify and approve you as a borrower first and then as your targeted properties become available, you should bring them to the lender to be subjected to their collateral underwriting and approval process.