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Updated almost 7 years ago on . Most recent reply

User Stats

16
Posts
3
Votes
Aaron Gough
  • Real Estate Broker
  • Phoenix, AZ
3
Votes |
16
Posts

Lines of Credit (for fix and flips)

Aaron Gough
  • Real Estate Broker
  • Phoenix, AZ
Posted

I'm looking for a line of credit to quickly purchase properties to fix and flip.  I'm not interested in hard money loans/lenders--I have access to plenty of those.  I'm looking for lines of credit for acquisition.  Wells Fargo has such a program for commercial properties.  Is anybody aware of lines of credit programs for residential fix and flip opportunities?  

NOTE:  I am not interested in hard money loans/lenders.  Thank you!

Most Popular Reply

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6,241
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3,800
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Aaron K.
  • Specialist
  • Riverside, CA
3,800
Votes |
6,241
Posts
Aaron K.
  • Specialist
  • Riverside, CA
Replied

@Grant Rothenburger yes but if this poster has a track record of flipping in the past they may be able to get it a bit easier than someone who is just starting out. Other than hard money (which they don't want) or a HELOC which may or may not be enough, I don't see many other ways to get a line of credit like they're talking about.

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