Dave Blackman
Collateral File - What should be included
Quick question: lawyer reviewing NPN purchase requested "collateral file" -- note has been reassigned several times since original origination (is that a term?) -- would I include the original note and each subsequent...
Mehran K.
Cross-Collaterization/Pledging Equity as DP
I'm looking to get more info on the ins and outs of how it works when you cross-collateralize (CC for short)a property you own free & clear towards an acquisition you're looking to finance. My portfolio len...
Billy Raz
Billy - How to Structure LLC Collateral
So I want to start a business in which properties will be purchased under and LLC (my company), but the investors whose money I used to purchase the assets, will be entitled to the collateral (or assets). I'm confuse...
Bastian P.
Mobile Home as collateral for credit
I want to buy a mobile home in Florida for 60k cash and rent it out. Monthly income is about 900, no lot fees / no HOA. The property value based on comps is 100K.After that I would like to apply for a 300K loan to buy...
Adam Dylik
Deal Structuring With Additional Collateral Property
Hey everyone, I recognize this is my first post, however I have been a lurker and avid blog reader here on BP for a couple years now. With that being said- I recognize that I am not asking or begging for anything. Thi...
Pat Jackson
Ways to collateralize funds for construction
I'm wanting to close on a house with cash, and borrow 30k from a friend for the repairs. Terms:
10% interest rate, payments due at closing. Minimum of $1000 payment. Obviously if he was loaning for purchase he coul...
Jeremy Toney
Property Deeds for Collateral Private Loans
I have property that I inherited recently, but don’t really want to sell it yet, too little capital to embark on the type of REI project that I want to do, and less than ideal credit and credit history for a conventio...
Bradley Ritter
Collateral assignment on non performing note
Is there any way to get a line of credit using a non performing note as collateral???
Jeremy D.
Commercial property using SFH as collateral?
I found a 10 unit that looks interesting and am about to start exploring financing options. I have (2) SFH rentals that are paid off and would like to approach a commercial lender about doing a blanket using the S...
Anthony Minutoli
Buying Notes With Land As Collateral
Good Evening Bigger Pockets Family, As I continue my venture deeper into the real estate realm.... I stumbled upon notes. Ran the numbers, and they are making more sense than some of these BRRRR deals and or F...