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Private Lending & Conventional Mortgage Advice

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Wes Holmes
  • Investor
  • Memphis
2
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8
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Hard Money Collatoral

Wes Holmes
  • Investor
  • Memphis
Posted Mar 8 2024, 14:29

I'm just curious whether hard money loans are ever collateralized by anything other than the real estate being purchased. I'm reading an application that sounds as if my personal assets would back the loan. That even though I'm borrowing through an LLC...essentially business to business. Anyone heard of this?

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