Real estate investor Grant Cardone says Bitcoin (CRYPTO: BTC) could eventually become part of the collateral stack for property deals, arguing that lenders may one day value both real estate and Bitcoin when underwriting loans.
Why Cardone’s Real Estate Fund Includes BTC
In a conversation with 10X Money Talks, Cardone said his latest real estate fund included $105 million in Bitcoin, alongside $95 million in real estate equity and $140 million in debt.
Cardone stated that lenders currently give him no credit for the Bitcoin sitting in the fund’s treasury.
"I believe in the future Fannie Mae and Freddie Mac are going to lend me money against the combination," he added. "Not just the real estate."
