Especially since they are performing first position notes with low LTV. 

Is there a way to legally require a larger security deposit?

@Ashly Frasso Commercial loans will largely depend on the performance of the asset, rather than your personal financials. 

I've seen too many deals that look great in the pro-formas but when you dig into the actual performance and real comparable data you can see you would be overpaying.

I would do 2nd mortgage with the interest as high as allowed by your state to secure your investment and the balance of the promised return should be in your JV agreement in the LLC.

You could then use that $95k to secure financing for another $300k in property. 

hi everybody as you know i've been a BP member for a while now so that means i have some insight as to what the markets are offering on a daily bases and now i've come to the area of where i need to find where the market is for selling mortgages similar to how you would list your home well i need mortgage listings that are non performing and performing i wonder if the mortgage servicers that are owned by the banks or that operate on the beneficiaries behalf know anything about this?

If I could secure a good rate with the HEL it may be the best option, but then don't HEL's typically require short loan periods (5-15 years)?

Then, when you rehab the property and it performs, you both win. 

Others want to leverage the bank in order to buy properties, stay patient, and perform 1031 exchanges when the time is right to try to buy multi-family or commercial properties.if the math works out, another option is to leverage your equity for a cash out refi, use that to buy a duplex or 4-plex. that even is not taxablebut i would say the decision itself has to fit into the larger, long-term goal.