Acquisition line of credit?
I'm looking to get a line of credit and not sure which one to get. Possibly an acquisition line if credit?
I want to use it to purchase SFHs to BRRRR. I have equity in other properties but I don't want to tie that up because I have plans for that next year. I am willing to use the income from these properties as collateral and/or proof of solubility. It has just been building up anyway and I need to find a place for it.
Is there a loan vehicle like this? If not, what would you recommend?