Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago,
Real estate line of credit
My family has 28 SFR that are debt free. I'm wanting to bundle 6, 7, 8.....in order to secure a line of credit. I spoke with Bank of America and have a call to a local Credit Union, but wanted to ask on here if anybody new what was available.
I really didnt think it would be that difficult to get a $500,000 line of credit secured by 8-10 investment properties, but either I don't know the language to use or I'm not speaking to the right people.
Any guidance would be appreciated.
Thanks.