Updated about 4 years ago on . Most recent reply

Will Lender Agree to let me use a property for collateral If....?
I have a property that I want to sell or develop. I might need to use the land for collateral if I develop it. Buuuut, if I get my asking price for it I'll sell and take the money for another deal. I'd also need to structure the sale such that any money owed the lender would be paid at closing.