Home Equity Loans/Line of Credit is a potential option.How is your budget?

Bottom line, I am looking for a lender that has an iron stomach during a correction. 

The only things different about Section 8 are they have an additional income line (assistance) and some additional regulations on the property as a result of the Section 8 lease and inspections.  

I’m a local developer in Bergen County NJ looking to expand my business with a line of credit.

His question was: Should I get a line of credit in order to pay my RE taxes every year? 

@Mitch PriceI’m a big fan of personal lines of unsecured credit at my local bank .

so in essence a flooring line then when they are sold he signs them over in exchange for his principal and his return.. usually 15 to 18% interest on those.. got to choose the used car dealer wisely of course.. they have been known to fudge titles and your collateral has driven off without you getting paid.I also have a client.. they happen to own a few Toyota stores in Oregon but one of their business and I think it could be one of the largest on the west coast is they buy sub prime auto debt... you know the kind were they put the chip in the car and also a little do hicky that flash's when the payment is due  and then when they are 15 days late or some amount of time the car is disabled.. so they can use the chip to find it and its disabled and they can just go and repo it.when I was in Jackson MS I asked a used car dealer there that I met at my watering hole.. how the heck do you sell cars for a 100 down 100 a month .. he said  SON  my clients are born live and die all within in about a 10 mile square area here and the key is getting their mom's name and number.. we just drive around till we find it or call mom and get the whereabouts..

Get your financing in line, connect with an agent to get you on the listing service if you have not already and lastly have your criteria listed out on what you want to get in terms of cash flow/ROI/cash on cash return and then go out there make the offers and get one.

My 5 years of learning full time, 7 days a week, and seeing stories from both sides I have never read or heard that a couple of points in a loan made the difference to the ultimate bottom line of a project. 

I was willing to look anywhere north of 22nd, but the line where things are decent is jagged.