Obtaining line of credit through LLC

[Michael Baradell]

Hey everyone, Does anyone out there have any insight on getting a line of credit through an LLC startup? I know it's more difficult now than ever to even qualify for a mortgage, much less ask for a loan to start a real estate business, in which most fail before they ever get started, but I'm sure it can be done. The LLC would consist of a 3 person team and we would be able to use the proof of income from our " regular " jobs. We all have excellent credit as well. We are in the process of completing our first flip now, so we will be able to show them that we have some experience. Our business plan is to flip 4 homes this year, build up some cash and then begin building a buy, fix and hold portfolio. Any suggestions on how and who to approach? We aren't looking for a million bucks, just enough to cover a few down payments and then finish the projects with construction loans.