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Updated over 5 years ago,

Darren James's profile image
Darren James's profile image
Darren James
  • Rental Property Investor
  • from CA
  • Member since Jul 4, 2018
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User Stats

10
Posts
4
Votes
Darren James's profile image
Darren James's profile image
Darren James
  • Rental Property Investor
  • from CA
  • Member since Jul 4, 2018
Connect
Darren James
  • Rental Property Investor
  • CA
4
Votes |
10
Posts
Creative Real Estate Financing

Personal Line of Credit vs Hard Money

Darren James
  • Rental Property Investor
  • CA
Posted
Hard money costs a lot for a newbie investor. I know that there’s lots of benefits like fast cash, doesn’t show on personal credit, etc. BP, if you had access to a personal revolving line of credit of 100k at 12-15%, would you still use a hard money lender that charges 2-3 points plus app fees ($750) at 10-12%?
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