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Updated over 8 years ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from Williamstown, New Jersey
  • Member since Dec 1, 2014
Connect
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from Williamstown, New Jersey
  • Member since Dec 1, 2014
Connect
Account Closed
  • Investor
  • Williamstown, NJ
11
Votes |
42
Posts
Private Lending & Conventional Mortgage Advice

Southern NJ Small Business Loan vs LOC?

Account Closed
  • Investor
  • Williamstown, NJ
Posted

What are my pros/cons of using a small business loan vs loc?  Up until this point we have used private money and hard money to fund our deals.  We have fix/flipped approx 20 homes so have a strong track record of success.  Would obviously prefer unsecured as we only hold onto the properties for approx 90-120 days so they are not long term tangible assets to loan against.  

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