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Updated over 8 years ago,
Using business lines of credit or personal property to fund deals
I'am looking to transition from wholesaling into buy/hold and rehab/flips. I have an existing business line of credit (outside of real estate) that I could use to fund deals and I also have personal property with equity. Going this route would involve dealing with banks, is this a viable option verses using hard money to fund acquisitions. I am open to hear the pros/cons/details/ of each or better suggestions.