Property as collateral for real estate loan?
In the midst of my real estate investing, I've come across the common obstacle of obtaining funding for my deals. After doing a little reading on such a issue, I gathered the idea that the properties that I'm looking to invest in can be used as collateral for the actual real estate loan. Is this true? I mean can I claim whichever one of my potential properties that I'm looking to buy as collateral for the same loan that I'm trying to get in order to buy that property?