If you haven't done that recently, you can change policies mid-term, but you will need to make sure your bank or loan servicer know if you do change.

Bank Credit Line How did you add value to the deal?

When you go to a Bank or Credit Union, they can only offer you what products that bank or credit union offer.

Banks who offer construction financing tend to be 75-80% LTC and alternative/hard money lenders will sometimes offer higher LTC leverage than that.

It earns a great rate of return compared to a bank account and is fairly liquid.

Traditional bank financing.

I’ve heard a lot about BRRRR, fix-and-flip, and rental properties, but I’m curious about what’s working for you all right now.I know from talking to people that some have gotten into bad deals while using their own money, and I’m worried that using bank funding and ending up in a bad deal could make things even worse—not just for the investment but for the relationship with the bank as well.I’m just trying to make sure my clients use this funding in the right way, without getting themselves into a tough spot.

Banks and attorneys use it for skiptracing so, it would probably be good for you too.

Meanwhile, bank money market paying 7.5%. 

I think the LLC also makes it easier to open a local bank account, which is convenient to pay utilities or other local bills or your property manager, etc.