An Investor Line of Credit up to $2.5M?

[Michael Morrongiello]

Anyone have any experience with this lending company; Dominion Private Lending www.dominionprivatelending,com ? They claim they can approve experienced investors with a Dominion Financial Investor line of credit up to $2.5M

[Matt Neisser]

They are real and the other names Jay mentioned are as well. Most of the larger lenders now have similar Line programs. I would always check the company size etc. Some will have different terms and limits: ex. we go up to $20m. One thing to keep in mind that almost none of them will tell you upfront is that it is not exactly like a line of credit you have on your home. You can’t just pull it down whenever you want. Basically, as you do each property there is still an appraisal and underwrite , although a simpler and easier process.  Lots of smoke and mirrors out there so trust your instincts.