Business Credit Line

[Vee Vu]

Hi everyone,

Is it possible for a new investor (with no experience and have no job) to get a business credit line? The only thing I can show is the money I have in my checking account. I am planning to use BRRRR strategy, so I want to get a credit line to make sure I have enough money for rehab.

If yes, where can I apply for the credit line?

How to find out if a loan company is legit? Do they ever require an upfront fee?

Thank you!

[Manolo D.]

Vee Vu Short answer, no. There might be some out there, about 2% of the lenders. Ask Chris Mason , maybe he knows.