Qualifying for private lending

Qualifying for private lending

Member since 2019 · 4 posts · 0 votes

Can you qualify for a private money lender with a business line of credit, and no personal credit information if you are purchasing properties under your LLC?

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  • Wholesaler · Portsmouth NH · Member since 2019 · 219 posts · 97 votes
    7y

    When it comes to private money lenders, they are much more flexible than the big corporations and other financing methods. Private money lenders typically invest in you rather than looking at your personal credit, but if you have good credit it can be beneficial. I suggest you get in contact with a private lender and explain your situation to see if it can be a possibility. 

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