Does anyone know where to get hard money for County Investment certificates that are backed by Real Estate? With a LTV ratio of less than 30%, this should be an easy sell for a lender willing to think "outside the box"
I already have a sizable 6-figure portfolio, but looking to leverage it out further. The investment certificates pay 6-15% annually, are guranteed to be paid back with state mandated interest rates ....and if not, I get the property in foreclosure. The vast majority of my certificates are simply redeemed and I get the interest....but that is a pretty good rate of return to have guaranteed by real estate that is worth over 3 times the capital risk.
This obviously is not the typical loan,.....does anyone know of banks or hard money lenders who consider these sorts of investments?

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