Line of Credit - Best Banks
I am seeking to set up an unsecured line of credit for my real estate business. I want to be able to buy quickly and then put the property under a mortgage later. A line of credit would be a lot cheaper than using "hard money."
I have a 5 year old LLC and good personal credit that I can use to guarantee the line. Anyone have success doing this? Which banks are best for this? My local banks all do secured lines, but I don't have enough equity in one property for this and need an unsecured line.