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Updated almost 15 years ago on . Most recent reply

Greg P.'s profile image
Greg P.'s profile image
Greg P.
  • from Los Angeles, California
  • Member since Feb 11, 2009
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Greg P.'s profile image
Greg P.'s profile image
Greg P.
  • from Los Angeles, California
  • Member since Feb 11, 2009
Connect
Greg P.
  • Los Angeles, CA
50
Votes |
717
Posts
General Real Estate Investing

Lines of Credit Question

Greg P.
  • Los Angeles, CA
Posted

Hello, I hear about some local investors obtaining 10mil dollars of lines of credit to buy property. What do you actually need to obtain this line of credit. Is it basically net worth and rental income? Or is it more the ability to make money and pay back? Any advice would be great. Thanks

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