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Updated almost 7 years ago on . Most recent reply

Frankie Woods's profile image
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Frankie Woods
  • Investor
  • from Arlington, Virginia
  • Member since Oct 25, 2012
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Frankie Woods's profile image
Frankie Woods's profile image
Frankie Woods
  • Investor
  • from Arlington, Virginia
  • Member since Oct 25, 2012
Connect
Frankie Woods
  • Investor
  • Arlington, VA
491
Votes |
1,285
Posts
Private Lending & Conventional Mortgage Advice

HELOC and LOC freezes

Frankie Woods
  • Investor
  • Arlington, VA
Posted

What has been your personal experience with Lines of Credit being frozen?  I'm thinking of using combination of LOCs and HELOCs to serve as my reserve funds, but I've been warned several times that this can be risky.  Thoughts?

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