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Updated almost 7 years ago on . Most recent reply

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Lesley Resnick
  • Real Estate Agent
  • Jacksonville, FL
1,099
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1,045
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Expereinces with portfolio loans (creit line)

Lesley Resnick
  • Real Estate Agent
  • Jacksonville, FL
Posted

Happy 4th of Jjuly

I am considering a portfolio loan. I am looking for a way to further leverage my portfolio and the equity in it. I would like to free up some short term cash. My goal would be to have a credit line type of loan. The ideal situation would allow me borrow and repay it as often as I need. The funding fees and minimum holding time on hard money are prohibitive.  Has anyone used this type of financing? 

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