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Updated almost 8 years ago on . Most recent reply

User Stats

91
Posts
20
Votes
Vee Vu
  • Real Estate Agent
  • Denver, CO
20
Votes |
91
Posts

Business Credit Line

Vee Vu
  • Real Estate Agent
  • Denver, CO
Posted

Hi everyone,

Is it possible for a new investor (with no experience and have no job) to get a business credit line? The only thing I can show is the money I have in my checking account. I am planning to use BRRRR strategy, so I want to get a credit line to make sure I have enough money for rehab.

If yes, where can I apply for the credit line?

How to find out if a loan company is legit? Do they ever require an upfront fee?

Thank you!

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