This would be using either a blanket loan w/ several properties as collateral, or a single-house loan.

For example if you do not have a strong personal credit, or a storng business credit score, you are gonna need collateral.

You put up that $500.00 for collateral.

Having an ownership interest in the collateral held by a lender does not creat an obligation to them and they can not hold her to the obligation, therefore, they can't insist that she suffer any loss arising from the debt.That's my story and I'm sticking to it.

The point being is that this is an example of banks throwing their weight around for additional protection and reducing risks that they have jistorically accepted in disposing of other collateral, they don't like they fact that so much money is being made from their lack of oversight, management and adminstration, they will accept profits from actual work and improvements being done, but not simply from them being inept.

With regard to the loan, you should shop around and see if you can get better rates for one commercial loan with the additional collateral.

Debt partners are those interested in stable revenue stream via debt service, which is safer because the return is both collateralized, and contractual (note and mortgage/deed of trust).As far as owning the asset individually, this involves buying partners/lenders out.

Now, it's that the houses are completely on the verge of collapse, and listing agents are accepting retail non-203k non-FNMAHomeStyle offers with quick closes, and then getting upset that they aren't closing fast due to the condition of the collateral, because they've deluded themselves into thinking that "hot market" somehow means that the Uniform Standards of Professional Appraisal Practice and Fannie Mae property standards (not FHA, Fannie Mae) have gone out the window.

If you cannot get the valuation you want, perhaps you could put up the home as collateral for another property?

I don't mind collateralizing assets too if need be if its a short term arrangement and the underwriter on the collateral asset is okay with it.