Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago on . Most recent reply

Business Line Of Credit To Fund A Deal
Hey,
I am curious if anyone has used a business line of credit to fund a deal before?
I own a business and I get marketed all the time with 50K-100K approved line of credits on the business.
If you have, how do you use it properly and safely?
(I'm a newbie)
Thanks!
Most Popular Reply

I have LOC and I use it to fund deals all the time.
Try to get an unsecured LOC and you can essentially use it like cash.