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Updated about 4 years ago,

User Stats

9
Posts
3
Votes
Brett C.
  • Real Estate Agent
  • Manhattan
3
Votes |
9
Posts

Using Collateralized Lines Of Credit Vs Traditional Methods

Brett C.
  • Real Estate Agent
  • Manhattan
Posted

Hi all, so I'm hoping someone here can lead me into the right direction on this. So I have been looking into multifamily property investing.   I wish to field a hypothetical: I have a secured line of credit with a competitive interest rate. Would it be advisable to use this collateralized loan? Or are there better methodologies to go about doing this to take advantage of leverage?

Thanks!