What do you suggest?

[Lamont A.]

I was searching for a lender that would allow me to establish a LOC on one of my properties that has a fair amount of equity. As you know most banks require it to be your primary residence,

anyway after some conversation with the 1st loan officer I managed to schedule a meeting this Friday with a senior loan officer to further discuss some options. They are requesting that I fill out this personal finance statement w/ 2 yrs tax returns.

My question is should I create a package of the property that I plan to use as collateral

including :

P & L sheets

Rent Roll

Neighborhood Comps

Pictures ect.

Or should I just take basic info about the house and listen to what they have to offer as options 1st ?

( if they are willing to offer anything)

Thanks in advance members