Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Mortgage Brokers & Lenders
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago,

User Stats

7
Posts
0
Votes
Erik Tarver
  • Wichita Falls, TX
0
Votes |
7
Posts

Loans or line of credit?

Erik Tarver
  • Wichita Falls, TX
Posted

As a new investor which is better/ easier to obtain in order to purchase a home, loans or a buisness line of credit if I open up an LLC.

My credit is fair but I don't have a lot of credit history, getting loans is difficult. I have one house now that I bought with an fha, but it is currntly being rented out. 

I was exploring a heloc as well but I have not contacted a bank about that option. 

Any advise is appreciated! 

Loading replies...