Unsecured would be fine, no collateral?

I even asked Chase bank in Houston to give me loan using my properties in the State as collateral but got no where with that either. 

Devising any transaction to overcome the marketability issues basically is another predatory matter, selling for more than it is actually worth (reasonably as to market value) selling the buyer on the terms rather than the property value, the terms do not add value to a property beyond what customary financing would cost to accomplish the sale.Property condition also comes into the picture, is the property marketable as collateral for most customary loans?

I can't believe that a "promise to pay" would ever be considered as "collateral".

House as collateral ?  

I was told I may need to use both houses as collateral which I wouldn't be opposed to.

So my last post on that thread was to clarify that: if the broker somehow obtains 50% loan using his own collateral other than the land itself using his own credentials, then of course that would just be his share of "cash".  

@Jimmy Warr good news with a HML or private lender is that they are very interested in the collateral vs the borrower (borrower is important too) when considering underwriting the opportunity.

Free and Clear Houses - Buy on Private First Mortgages - Create good private terms, like a Moratorium on payments, Subordination, and Substitution of Collateral.6.

Why not keep the rental, use the equity in it to collateralize a loan that along with your  saved cash will get you the next property?