Sylvia Jackson
Looking for financing that uses cross-collateral
Hello,I am looking for any lenders that will do cross collateralization allowing me to leverage some of my free and clear property for a multi-unit that I am considering putting in an offer on. It's a value add prope...
Jamie Eklund
Collateral Investors or other types of financing
I have a buyer that is under contract to buy a house for $450k. She wanted to pull an equity line out of her current house (Worth $900k and still owes $216k), and then sell her main property once she got moved into he...
Yongming Huang
Using property in land trust as collateral
I have a property in a land trust, and I'm trying to use this property as collateral toward the down payment of other properties. The bank is ok with that. But the title company requires docs like recordable certifica...
Justin Chan
Pros and cons of cross collateral loans
I have a mixed use building with an fha loan that has at least 100k of equity. I have been trying to figure a way to use the equity for another investment property. But a heloc with a mixed use is impossible. Also do ...
Jaziel MaldonadoRoman
Can you use retirement savings as collateral
Hi, I'm currently an active duty military member and I have saved up 14k on my tsp. I want to start my real estate journey towards financial freedom by buying multi-family and house hacking. I am aware that I can get ...
Robert Weaver
Personal residence as collateral for business loan
I am a partner in a hard money lending business, but sometimes a deal comes along that we are not interested in doing for whatever reason. Occasionally I will do a deal myself. In this case, I have a borrower who ne...
Joe Davis
Owner Finance notes collateral - Community bank recommendation?
Can anyone recommend a community bank that they are collateralizing their portfolio of notes with in Texas? Currently am in Houston.
Jassem A.
Finding private lender with house as collateral
How would one go about finding a private lender that is willing to accept equity in another property as collateral? Like an equity loan from a bank with comparable rates. I'm guessing a local private lender would ...
Justin Adkins
Using Land As Collateral For Construction Loan
My wife and I recently came across a great deal on a piece of land in a great family town that we would love to build on home on. Long story short the land is not zoned for a home at this time and the seller is giving...
Edward Burke
Collateralized Loan - FHA Requirements for Down Payment
Hello BP Community,I'm going to place an offer on an investment property, but I need to secure a collaterized loan (2nd mortgage) on an existing investment property. I've already lined up the person who is willing to...