Trouble Finding a Commercial Lender Willing to Open LOC

[Amy Raye Rogers]

Last year we cross collateralized our portfolio into a line of credit, unlocking the ability to make cash offers on properties and spin them off into mortgages later.  This has really accelerated our growth.  My brother-in-law, who has much more equity then we do is having a hard time finding a similar product in the Denison/Sherman Texas area.  This is surprising to me because that market is much larger than the one we invest in.  Any tips on where he should be looking to find the right institutional partner?