Can a hard asset be used in place of cash? Let’s say the hard asset is a private residence valued at $1 million+. Could this be done and if so, what would the procedures be and the approximate LTV for the credit line.
No BIIP platform on the planet accepts anything but cash in USD or EUR, or in a few cases, GBP.
All investors who have assets in other forms must liquidate those assets first. Borrowed capital is acceptable if it does not have a lien or encumbrance against it. This rules out mortgages. It is rare for anyone to have borrowed capital of the size required for the platforms that is free and clear of any liens or encumbrances.
Thus for someone who has real estate and that is their only source of cash, they would have no choice but to sell the real estate and then place the cash proceeds into the platform.
With unsurpassed returns and zero risk, the BIIPs available through the platforms are by far the best investments in the world. The price one has to pay to get into them is to come with the required level of cash – – clean, unencumbered, free and clear, of non-criminal origin – – and a nice, respectful, cooperative attitude.