Commercial Line of Credit

[Nate Barbee]

Good afternoon BP,

I just went under contract on my 6th single family home as a buy and hold investor in DFW and west Texas. Currently working on my 2nd cash-out refinance. Conventional financing is obviously becoming a major obstacle, I've been meeting with local banks in DFW and Midland, TX to run the numbers on a commercial line of credit for my upcoming deals. What are some of the terms you have seen with this type of loan structure? Anything in specific to look out for while setting this up?

Thanks for your time,

Nate Barbee