Land & New Construction
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago on . Most recent reply
Business Credit Line
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!
Most Popular Reply
Manolo D.
#3 Contractors Contributor
#3 Contractors Contributor
- Contractor
- Los Angeles, CA
Vee Vu Short answer, no. There might be some out there, about 2% of the lenders. Ask Chris Mason , maybe he knows.