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Updated over 15 years ago on . Most recent reply

User Stats

717
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50
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Greg P.
  • Los Angeles, CA
50
Votes |
717
Posts

how to get credit lines of 20-40 million?

Greg P.
  • Los Angeles, CA
Posted

I've heard of people getting credit lines of 20-40 million with no problems. They have relationships with the banks etc, but what do you need as far as networth or income to actually get this amount of money from the banks? I've always wondered how some people can get this amount of money, is it through personal or business lines? any advice would be greatly appreciated.

Most Popular Reply

User Stats

94
Posts
28
Votes
Tony Walker
  • Real Estate Consultant
  • San Francisco, CA
28
Votes |
94
Posts
Tony Walker
  • Real Estate Consultant
  • San Francisco, CA
Replied
Originally posted by Greg Park:
I know you don't have to be Donald Trump because a friend of the family is able to do this. I was tempted to ask, but thought it was a inappropriate question since we see them once in a awhile. They are in the restaurant and real estate business, but that's all I know and very successful. Thank you!!

I can guarantee you that this did not happen over night,
but if you asked this question so you could find out how you could do it, go after your first 250k, and then build on that. :mrgreen:

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