How did you use your personal unsecured line of credit?

[Rigo V.]

Would anyone be willing to share their story on how you used your personal unsecured loc? The numbers etc.

I am interested in going this route versus a HML and wanted to see how its worked out for others.

[Andrew Kerr]

@Rigo V. - I use my LOC multiple ways. I have used it to buy land that will then be built on; I have used it to buy properties for cash; I have used it to fund short term renovations as well. What I have avoided using it for is as a fix for long term financing.