Jocelyn Canfield
Cross collateral loans on multiple under 50K properties?
I am looking to purchase multiple units under 50K in a condo community and would like to have them on a single loan/blanket loan. Any suggestions on lenders who would do this (not looking for private money but a compe...
Dave Rav
Getting bank to discharge collateral on financed MHP
Question for those with financed MHPs with POHs: how difficult is it to get the bank to release or discharge some collateral linked to the loan? I'd like to sell a MH out of the Park. This mobile is linked to the c...
Franklin Fletcher
Getting the collateral checked on a prospective note
Hi everyone, I'm looking for who to call about checking on the collateral for a note I'm looking to purchase. I can't recall what those guys are even called...the type of company, what to google, etc. I'm looking fo...
Gerardo Lewis
Funding deals with little collateral to put up
Hey BP I’m curious to know if there are any programs out there that will fund deals even if I have little to no collateral to put up? I will say I have over 100k in my own money to use but most of the lenders I’ve spo...
Jim Froehlich
Multiple Lot Collateral for Construction Loans or Subordination?
Smart people - if I own 24 buildable lots appraised ~$1.6-1.8 million in total (assessed by town at $1.4M), what do you think is the best way to build out the homes (notionally $300-400K builds/$450-550K sells) and ma...
John Acheson
How to cross-collateralize notes, business, car, etc.
Striking out with bankers on asking for a cross-collateralized loan:on two notes I'm carrying, a longtime reselling business,UCC, inventory, cash/CD and free & clear car.
Jamaal Garrett
Existing Property as collateral for a new purchase
Hello,I am a investor and licensed broker. I am negotiating a purchase of a mixed unit property (consisting of 4 residential units and 1 commercial space0. I currently own 3 single family rentals and wanted to use one...
James Lucero
Need loan - low liquidity but assets as collateral
Hi BP,I'm looking at a house that I've been eyeing for a few days. It's a total gut job but I believe it's priced accordingly - I'm going with a contractor today to get some numbers since the area it's in houses have ...
Nick Strauss
Using gold as collateral to get a mortgage
I've just started looking into buying a duplex. One side for myself and the other for a tenant. I am self employed so it's harder to get a mortgage. I have no other assets except for gold - my money is made through tr...
Oleg I.
How do you finance a property with collateral?
Friends, I have a couple of rental properties, and two of them completely paid off. I am trying to find a way to leverage them to buy my first multi-unit property. It seems that everyone I’ve talked to wants me to r...