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Updated over 11 years ago on . Most recent reply
Lending to LLC
I have 6 paid for SFH's in my llc. They are all occupied and cashflowing nicely. Is anyone aware of banks that will to a blanket line of credit on these to my llc? Or has anyone had success getting financing of any sort in a situation like this? Or should I stop looking for this product? I've purchased all of these with cash so (I'm fairly risk averse) but would like to take advantage of the equity in these properties and really ramp this thing up. Day job is getting old!
Thanks for your help everyone.