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Updated almost 10 years ago on . Most recent reply

User Stats

226
Posts
96
Votes
Donald Hendricks
  • Investor
  • Clarksville, IN
96
Votes |
226
Posts

Thoughts and opinions of investing with $ from a line of credit?

Donald Hendricks
  • Investor
  • Clarksville, IN
Posted

I have my credit union filling up my mailbox and blowing up my phone at least once a week wanting to give me a line of credit.

I could take their money and and use it for investing.   Go big, you don't want to go broke over a duplex, right?

Use their money to secure and asset and refi after rehab.

What say you?

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