Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago,

User Stats

338
Posts
76
Votes
Nathan Frost
  • Rental Property Investor
  • Wichita Falls, TX
76
Votes |
338
Posts

Foreclosures / Auctions

Nathan Frost
  • Rental Property Investor
  • Wichita Falls, TX
Posted

Hi, if I have a decent amount of a business line of credit, how could I use that towards tax sales or auctions?  The tax sales have a 2 year redemption period but with Auction.com I could rent or sell right away.  Is it best to buy with the line of credit and then refinance that with a local bank for 15 - 30 years?  What is a good strategy in using the line of credit to add rental properties to my portfolio?  I would like to add 2-3 properties to my portfolio in the next 3 years.

Loading replies...