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Updated over 17 years ago on . Most recent reply

User Stats

124
Posts
15
Votes
Robert Granara
  • Real Estate Investor
  • Reading, MA
15
Votes |
124
Posts

cross collaterization

Robert Granara
  • Real Estate Investor
  • Reading, MA
Posted

im looking into other ways to purchase more rental property...ive bought rehabbed and rented 3 three families this year...one property i have has $75K...it was just appraised at $260K and i owe $185K

is this enough to cross collaterize?...at 75% LTV its only about $10K...is this how they look at it?

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