Pledged asset for mixed use lenders...

1 Reply

Hey @Jared Brown It sounds to me like you are putting up your liquid assets as collateral to get approved for a loan. Lenders like this because you are putting skin in the game. It could be any of the above good bad or ugly. This really all depends on your experience and how the deal turns out. I would personally have no issues doing this because I know I am going to get a strong ROI on any deal I participate in. If a deal were to go south it could be ugly. Simply ensure you are buying a deal that has equity built in day one, you have a plan to execute and the experience to pull it off. Then you should have no issues.

Good Luck! 

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

We hate spam just as much as you