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Updated almost 8 years ago on . Most recent reply
Looking to grow asap
Most Popular Reply
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@Pat Tyman Always great seeing other active investors from Connecticut here on the forums!
Are the loans on your current investment properties all with one bank? If so, there may be a way for a bank to get creative and group the equity in the different properties together and give you some sort of HELOC? Or if you have a good track record maybe you can get a business line of credit using the properties as collateral?
Let's not bury the lead here though, good job on getting to the point where you will have options available to you from a financing perspective. That equity you have will attract a lender, it is just a matter of finding one who is open minded enough to get a little creative.
- Michael Noto