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Updated about 10 years ago on . Most recent reply

User Stats

24
Posts
1
Votes
Noel Fleming Jones
  • Bradenton, FL
1
Votes |
24
Posts

Credit line leverage

Noel Fleming Jones
  • Bradenton, FL
Posted

I recently inherited a house worth about 100K; I'll have it rented soon.

I'm self employed with good credit but a low net income.

Would HMLs be likely to give me a line of credit on the property up to about 75K for doing small fix and flips?

Thanks!

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