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Creative Real Estate Financing

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Ricardo A Guerra
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PLOC inquiry for financing

Ricardo A Guerra
Pro Member
Posted Aug 4 2022, 08:30

In feb 2022 I refinanced home and took a cash out to pay off some debt. I still have a lot equity in my home but I understand I cannot qualify for HELOC at this time. I was looking at other ways to pay for a light rehab. I had looked into a PLOC. I realized it is unsecured with higher rates.. However, it might be my best option at this point. Anyone have any experience good or bad with PLOC? maybe even recommend a potential PLOC lender. thanks, RG