Best option for a short term loan about 100K ?

[Mark Weinstock]

Own 2 properties free and clear maybe 600k in equity no outstanding loans excellent credit rating 

Looking for advice on what would be my best loan type for short term loan of  between  50 to 100k ?

I'd be paying it back in like a year or so

I want to be able to pay down the loan locally preferably at a local banks drive through window with like monthly or Bi-monthly payments ranging between 5 to 9k with a mixture checks and cash 

[Andrew Postell]

@Mark Weinstock sounds to me like you should be pursuing a Line of Credit (LOC). You didn't state if either of these were your primary home, but if one is....then a Home Equity Line of Credit (HELOC) for that property.

Just in case, a LOC or HELOC acts as a giant credit card. You don't pay interest on it unless you use it. And once you pay it back it stays open. You can use it and reuse it over and over again. So if you need this sort of thing again in 5 years....it's still there! And the closing costs are generally a lot lower on this product than a traditional mortgage too. The draw back is that it does carry a variable interest rate. So it's not designed to be a long term loan. Meaning, you need to pay it back sooner rather than later.....and that's part of your plan! So I think this would be the right product for you to be seeking out. Hope this helps. Thanks!