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Private Lending & Conventional Mortgage Advice

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80
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Amir Saeed
  • Investor
  • Bethesda, MD
3
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80
Posts

Business Credit Line

Amir Saeed
  • Investor
  • Bethesda, MD
Posted Mar 31 2017, 11:05

I have a property that was just rehabbed. The property is now on sale. The property has no lien and is fully paid and has a clean title. The property is under LLC name. I am looking forward to get a business line of credit. I can go ahead and apply for business credit line without any collateral but looks like I do not have a good chance since I don't have any sales yet.

Maybe I can get a business credit line using my property as a collateral. My question is what would would be the best possible option. I am not looking forward to a personal loan. Any tips would be nice..

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