I am looking for secured and unsecured line of credit

Daniel Kong
Rental Property Investor · Honolulu, HI · Member since 2018 · 335 posts · 251 votes
8y
A good bet is to visit your local banks and see what types of products they have. Credit unions typically have better deals. I know here in Hawaii we have an unsecured personal line of credit for 4.99%, and HELOCs for 2.5% which is awesome lol.
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Greg Downey
Lender · Springfield, MO · Member since 2015 · 379 posts · 180 votes
8y
@Kashif Riaz, get a credit card from any bank in the country.
1 Reply
Sasha MohammedPro Member
Lender · Costa Mesa, CA · Member since 2018 · 337 posts · 246 votes
8y
Depending on what you're using the LOC for, there are different options.
Rehab lenders and construction lenders offer Lines of Credit. I'm assuming since you're posting in BP the funds will be used for RE.
They would be personal guarantee, since they're not collateralized by any one specific property.
Find a broker who specializes in these loan types and can guide you :)
[email protected]949-351-1338
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Kyle Ransom
Investor · Atlanta, GA · Member since 2016 · 241 posts · 86 votes
8y
@Kashif Riaz How much at you looking to get. The amount you need dictates which source to go after
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