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Buying & Selling Real Estate

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Tony Marcelle
  • Bessemer, AL
32
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581
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Which is better? Private lender or Line of Credit?

Tony Marcelle
  • Bessemer, AL
Posted Jul 20 2018, 12:25

It would be good to have the cash I need at my disposal to use at moments notice. My investing partner keeps bringing up how I should get a business line of credit to use as cash to buy homes. My thing is, which is better to have? Private lender or line of credit? If line of credit, would it be best to get secured or unsecured line of credit? My credit scores are 742 and 733 if that is good enough.

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