Need advice on this situation!!!!!!!!!

[Bruce McNeil]

My mother has (2) houses FREE & CLEAR  in her name. Her credit is not the best and I'm in the long process of cleaning my credit up to. I need advise on how we can get the equity in the houses to acquire other properties.  Any and all good advise will be honored and appreciated!!! Thanks  

[Bill Gulley]

Hi Bruce,

Consider a hard money lender that doesn't look at credit and using the houses as additional collateral.

Use them the same way on a seller financed transaction.

Does mom live in one? Check a reverse mortgage.

Find a landlord willing to trade, booty can go either way, seller financing the differences.

Know any "private" investors/lenders?

Use your equity in a partnership with a stronger partner. 

Seller finance a house and sell the note, consider the discount and don't over value the sale.

Use a reversionary deed selling to an investor for a certain period, 100K home for 10 years for 50K (Just pointing out the idea, not suggesting real numbers). What you're selling are lease payments with ownership responsibilities.

Next, a lump sum master lease to another investor, $XX for a 5/10/15 year lease. Commercial lease arrangement could be triple net.

Straight lease-option can net you an option price from an investor, be prepared to sell later on.

Try those options, if they don't work I can get more creative. Good luck :)