I spoke to a local lender who told me that cd's could be collateralized for loans of 80% total ARV. With the cd as collateral they will quick cut checks for the re-hab per your own draw schedule. This was exciting to...
Hello, Has anyone used their stock portfolio as collateral without a W2? Looking for lenders who will do this for North Carolina.
Hi everyone,I purchased land all cash in Oakland hills, Oakland, CA for $510k about 5 years ago. Now I'm looking to use it as the collateral to do hard-money lending. Any recommendation to get it quickly?
Hi everyone.
This is regarding a Canadian property and Canadian lender. The lender gave me 2 options:
1) Standard Charge: I pay it off over the years per usual
2) Collateral Charge: the registered amount does not r...
Can anyone recommend a collateral lender who lends against promissory notes? We're calling around and getting interest from maybe 5 to 10% of the lenders we call, but nothing solid yet. The promissory notes are genera...
Assume that I want to buy a non-owner-occupied property worth $200k. Also assume I own a $800k property with a $300k mortgage on it (thus, it has $500k of equity).If I was willing to pledge both the new property ($20...
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...
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...
I'm new to the hard money lending business and have just done a few deals with a good friend. I know enough to be VERY dangerous, hence my outreach to my much more experienced peers.
A local builder in my area is loo...
Good afternoon,I have a term life insurance policy with which I’m looking to use as leverage (collateral) to purchase a commercial property. Are there any lenders who are easy to work with using this creative lending ...