Opening a CC or LOC under a different business to help fund RE

[Kristin Drumheller]

My husband and I own a successful health facility and are frequently bombarded with offers for credit cards and lines of credit. I typically throw these away but we are starting to get our ducks in a row to begin our next venture in real estate. I understand the biggest issue for many is funding, we would have access to a large line of credit through our other business but I’m not sure of the legality of using that for our real estate business. Does anyone have insight on that or experience with multiple business financing?

Thanks!