Needing my first line of credit..

[Reggie Draper]

Hello All,

I am new to the forum and I am new to the real estate investment business. I have made a few contacts and I have talked to many people about my interest. It seems that the first thing I need to do is get a line of credit so that I can stop "window shopping".

I am 23 Y.O and I graduated from college last year. I only have a little bit of credit built up, but no negative factors on my credit other than not having it for too long.

From experience, who do you'all think would give me the best chance at getting a line of credit for my investments? I have been advised to try to get about $100,000 so that I will have enough money for purchasing/rehab/misc cost of the property. Do I have a good chance at getting that?

I have heard about Wells Fargo and and few local banks, but I dont want to apply for credit too many times, thus lowering my score, all to be denied. I know I may not succeed on the first try, but I would at least like to maximize my chances.

Thanks!