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Acquiring financing/loans for flips and holds in Charlotte, NC
Hello there,
Would anyone be able to offer some ideas or contacts regarding loans/financing? We are looking to purchase in the Charlotte, NC and surrounding area. We have considerable equity built up in a number of rental properties and would like to leverage that to our advantage.
In a perfect world we would like to acquire a revolving line of credit minimum 200K that we could make use of when needed and not pay finance fees until it's used to purchase or rehab.
Any advice regarding loans, financing, holding properties and or acquiring mortgages would be welcomed.
Thanks,
Jim & Josh
P.S. We are always open to network!