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 about 5 years ago,
Personal line of credit
I am a new investor and I am interested in looking for ways to fund my first property. I would like to buy a property to flip it. I was thinking about using a hard money lender and using my personal line of credit to pay the interest from the hard money lender. And then pay everything back from the sale of the property. Has anyone ever used this strategy before and if so do you have any feedback?