Creative Loan Structuring with Cross Collateral
It's important for real estate investors to know the full scope of their financial position before getting leverage, equity or debt on your investments. Use the properties you already own with no mortgage as cross collateral when applying for a loan.
In some situations, the borrower does not need to use out of pocket money when using cross collateral for real estate investments. Cross collateral is generally one simple transaction with no cash to close.