Conversely, the debtor may try to convince the court that there’s sufficient equity subject property is worth LESS than the amount owed; if successful this is called a CRAM DOWN; the court writes the secured portion of the mortgage loan DOWN to the property value, and the balance remaining becomes an UNSECURED debt which almost NEVER receives any payment.2.

Just completed that process and need more funds to mix so going personal unsecured seemed easy enough until it wasn't.  

Are you paying cash and going unleveraged on the ADU edition.  

.$30,000 is a small sum and might lead you into second-position or unsecured lending to undercapitalized borrowers.

I went all in (except for home, job, and 401k, everything I had liquid and could borrow unsecured) but I had much lower amount as my all in back then.

Hi Chris, Most DSCR lenders will not allow you to use an unsecured loan for the for the downpayment.

Leases with inconsistent terms, missing exhibits, or tenant improvement obligations that aren’t documented can lead to disputes or rent shortfalls.Look for:- Verbal side agreements or concessions- Unsecured security deposits- Unrecorded tenant options or rights of first refusalInadequate Entity StructuringUsing the wrong entity or failing to document internal ownership or authority can create tax exposure, personal liability, or future conflict among investors.

Either way, using OPM successfully usually comes down to: Finding a deal with clear upside (value-add, underpriced, or unleveraged equity) Structuring creatively — like combining private capital, HELOCs, or partners with smart financing Having the right lender who can move fast and work with your structure — not against it We help new and experienced investors fund 1–4 unit multifamily deals using: DSCR or no-doc loans so your personal income isn’t a barrier Delayed purchase financing (so you can close cash, then refi in 30 days to pull your funds back) Bridge + rehab funding for value-add plays If you find a deal first, we can often help you position it to raise capital confidently  by showing the leverage options and return profile early. 

or are these in fact just unsecured notes with no collateral ???

What can I do because my house is sold I need to find out cool I can get to sign off on this or how to get an unsecured lien on my title