Updated over 7 years ago on . Most recent reply
Should I use a LOC for my first few investments?
I am very new to investing so I am learning a lot. So my question I have is would it be possible for me to get a LOC (line of credit) with my local bank and then use it for down payments on my properties I want to invest in?
ex. $200,000 LOC
$20,000 down payment per property
10 doors
These would be buy and hold