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Updated over 8 years ago,
Utilizing Line Of Credit to fund Investment Deals
Hello everyone, I'm looking at getting back started with acquiring investment properties as fix and flips or buy fix or hold. I've heard several investors mention they have been able to get significant amounts of personal Lines Of Credit Loans to use to fund their investment deals.
Have anyone had any experience with these type of funding techniques. If so, what type of Line of Credit should I try to inquire about? Also, what are the pros and cons, if any?
I'm not talking about a Home equity Line of Credit
Your input and feedback is very much appreciated.