New LLC line of credit

[Jerry Hodges]

I have a property that I’ve recently acquired. All of the 11 windows seem to be the original install from 1943 with the counter weights in the walls and everything. After the window replacement, some cosmetic work, leveling, and rewiring the house will be livable and ready to rent.

My question is after I finish establishing the new LLC and have the property transferred to it, how do I apply for a line of credit to afford all the work to be done? The LLC could use the house as collateral for a secured line but we have no revenue or business credit as of yet.