Business Line of Credit

[Joseph S.]

Hello,

My wife and I successfully purchased our first duplex! We have now created an LLC and are going to open a bank account. I have read that a creative way to purchase properties is through a business line of credit. I have also read that there are different strategies to improve that credit line.

Has anyone followed a step-by-step guide on how to improve the LOC? What are some of the processes that you worked through to enable you to have cash on hand when necessary using your business LOC?

Thank you in advance for the help and the suggestions.

Joe