What financial resources have you found to be the best place to secure personal lines of credit in the amount of at least $100K or more? What were some of the conditions you had to meet?
Hi, all!
My business partner and I are looking into using an unsecured LOC to purchase our first buy-and-hold investment property. We don't have a lot of "skin in the game"; however, our FICO scores are above 730 and...
Hey everyone, I was talking to a local investor and he suggested I open multiple LOC's before building my investment portfolio so I have access to money for renovations with properties in the future. He suggested doin...
I'm a newbie to the business with no money. I'm searching for financing that will cover the full purchase of my 1st rental property. Can anyone share their take on using a LOC as financing for a buy and hold purpose?
Hello everyone, I am in Delaware and have flipped 6 homes, all successfully, since I began flipping in 2015. They have all been funded with personal cash, except for the last one on which I drew on a personal HELOC. A...
My business partner and I are in the process of securing a property for a fix and flip. its looking like the estimated repairs are going to run about 30k. What would be the better route in order to get funding for t...
Due to unforeseen circumstances I ended up spending more than I anticipated (like everyone warns). What is the best way to raise 40k to finish the job? Because I’m in the middle of construction I can’t pull out an equ...
I am looking at unsecured lines of credit and see that TD, wells fargo etc do them for 50-100k.-How hard is it to get one? Are the requirements extremely strict? Are there any upfront fees?-Has anyone used it to do BR...
Hey BP. I’m in the Northern New Jersey area trying to find the best ways to fund deals through either personal or business lines of credit. Has anyone had luck finding a company or institution that provides these fund...
Hello everyone! I'm currently raising private capital to have available so I can purchase a fixer-upper property this year and to follow the BRRRR strategy. As I'm talking to potential investors, they often ask how I'...