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Updated over 6 years ago,
Should I use a LOC for my first few investments?
I am very new to investing so I am learning a lot. So my question I have is would it be possible for me to get a LOC (line of credit) with my local bank and then use it for down payments on my properties I want to invest in?
ex. $200,000 LOC
$20,000 down payment per property
10 doors
These would be buy and hold