Tommy DobczykOpportunity Zone Advisor, OZ Wizard · Director of Development | Certified Opportunity Zone Advisor

10X Collateral Rule: I FORECLOSE Personally To Avoid Delays! #shorts

13 May 2026 · 1 min

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Tommy Dobczyk requires collateral worth at least 10 times the loan amount and puts himself personally on loan documents so he can foreclose directly without attorneys. He says this avoids the two to three year delays that happen when corporations try to drag out the process.

Chapters

Are you a land shark doing deals? Okay, I do 10x. If I can't 10x it, I'm not collateralizing it. Oh wow, that's, that's healthy collateral, right? Because, because again, I have to go through the hassle of hiring an attorney, going through— I've been through foreclosures that take 2.5, 3 years, and, and it's because the person on the other side knows that they can just drag their feet and out-lawyer me for 2 to 3 years, or think they can out-lawyer me for— the, the nice part is, is that I always enter deals with myself personally so that I can start a procedure of foreclosure as an individual instead of a corporation, right? So I always put myself on papers so that I personally can file on my own behalf, pro se, against anybody that owes me money.