Los Angeles community banks/credit unions for line of credit

[Aaron Cullen]

Hello BPers,

Does anyone have any good leads on banks that might be willing to extend me a line of credit if I deposit money into their bank? Is anyone doing this in LA for property investment?

My broker I'm working with in Indy told me one of his clients mentioned he kept a deposit of 100k cash and was able to get a 400k line of credit. I don't know what other peramiters but thought I would check here before I started calling around.

I have great credit and just bought my 1st duplex cash. My plan is to do the Brrr method and I need more capital to increase purchases.

Thanks in advance!