Using Crypto as Collateral to Finance Real Estate Deals — Anyone Here Doing This?

[Martina Gallo]

I’m exploring a strategy and wanted to see if anyone in this community has real-world experience with it.

Here's the model:I hold a substantial amount of crypto (BTC/ETH/USDT, etc.) Instead of selling and triggering taxes, I'm looking at staking or collateralizing part of it. The plan is to borrow against the crypto at a safe LTV (around 30–45%)
Then deploy the liquidity into short-term real estate plays, like: Fix & flip, Foreclosure or auction properties, Short-term rentals / Airbnb, Value-add resale plays.
The idea is to keep the crypto appreciating in the background while using the borrowed capital to generate cash flow or flips — essentially a dual upside strategy.
I’m NOT trying to overleverage or chase hype. I’m treating crypto like another asset that can be collateralized the same way people leverage stocks or HELOCs.
Has anyone here actually done this (or knows someone who has)?
If you have experience combining crypto liquidity with real estate investing, would you be open to a conversation or sharing your setup? Even a short example or heads-up on what not to do would help a lot.