Is the HELOC against the property, the property and the doublewide or is it cross-collateralized?

In at $71k in 2012, did $7k in reno (mostly materials), now worth $145k with a low lien balance...been rented for years at $1,200/mo....I used the property/equity as collateral to do several flips and a new construction project over the years...then moved to multifamily buy and hold....and on and on...Everything is a struggle when you first get going...you don't know what you don't know...I didn't know what at title company was when I started! 

.#5: Who ar your borrowers and what type of assets are you collateralizing? 

Most do: Rates: 10% to 14% (Most Deals are 12%)Terms: 1 Day - 24 Months (Most Deals are 6 months)Fees: 3-5 points(%) of loan amount (Most Deals are 3 points(%)) - $2500 minimum fee Minimum Loan Amount: $75,000 Max Loan: 65-70% of After Repair Value(ARV) 100% Rehab Financing Available (Most Deals require 10-20% of purchase price down or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 7-10 business days)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

You acquire the NPN at 30-50% of the collateral (house) value and attempt to either get the buyer back on track in order to flip the loan as a performing loan or foreclosure if the borrower is non-compliant.

The only difference is that they've found some human being willing to pay the higher price, which doesn't speak for much.Ryan Richard, is part of your zero-down pitch to the seller that you are going to invest $10K into the property (increasing the seller's collateral value).

We do not have a mortgage on the house, but we did use $20k of its value as collateral for our last investment property purchase.

What is your process for us to get to review the soft collateral file?

Do you have any assets that you can use as collateral

Is it possible to use a tax lien certificate as collateral to get more capital