Creative Question
I've been having decent success with subject to deals.
I'm interested in purchasing 100+ unit apartment complexes.
Has anyone used their sub2 properties as collateral required for apartment complex purchases?
Thanks for your time,
Wes Laney
I have never done it. But I suppose you could given that your name is on the deed in some fashion. If you have a secondary loan on the property, or equity with your name on the title it woud be considered a hard asset. Let me know if you are able to do it, as it would enable a lot of opportunities for me as well.
Kyle