Cross Collateralization is a phrase used when we encumber two or more properties under a single blanket loan. It is a good tool to use if you do not have the equity that hard money lenders require in the subject property, and can also be used to help purchase property with little or no […]
Entries Categorized as 'Hard Money Products'
Cross Collateralization Hard Money Loans
October 9, 2008
Aquisition and Rehab Loans
October 3, 2008
I get a lot of calls these days from people looking to buy homes below market value here in California, rehab them and either sell or rent them. That is a very viable business plan, and done properly, can make you a decent income. The problem comes when people have no money to […]
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