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Updated over 4 years ago,
Pittsburgh Banks who can give Line of Credits on Rental property
We have a rental in slippery rock (under a LLC). We own it free and clear... We are looking to take a line of credit on the property to do some renovations. Which banks can do that. It's a cash flowing property ? I spoke to one bank and they can said, they can only do Loan not Line of credit.? Is this correct? I am looking to do line of credit.