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Updated almost 2 years ago,

Craig Risser's profile image
Craig Risser's profile image
Craig Risser
  • Rental Property Investor
  • from Harrisburg, PA
  • Member since Mar 31, 2019
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User Stats

8
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2
Votes
Craig Risser's profile image
Craig Risser's profile image
Craig Risser
  • Rental Property Investor
  • from Harrisburg, PA
  • Member since Mar 31, 2019
Connect
Craig Risser
  • Rental Property Investor
  • Harrisburg, PA
2
Votes |
8
Posts
Private Lending & Conventional Mortgage Advice

Reserve Funds/Personal Line of Credit

Craig Risser
  • Rental Property Investor
  • Harrisburg, PA
Posted

Hello,

I have $10k available in a personal line of credit.

I currently have the funds I need for a down payment and closing costs for my next property but was curious about reserve funds. 

Would a traditional lender qualify my personal line of credit as reserve funds?

Thank you 


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