Secured line of business credit

[Evan Bell]

I have a SFH and duplex free and clear in Southern California. I live in Arizona, but have the properties in a CA LLC. My question is: who will extend a business line of credit using the properties as collateral? I've talked with my bank, B of A, and they won't do it. Do I need to look at local banks/credit unions in Southern California, or can I get the line of credit in Arizona? Any recommendations on who to talk to or where to go to get this done would be greatly appreciated. We plan to use the LOC to help finance flips/BRRRR's and add doors to our portfolio.

[Jo-Ann Lapin]

you welcome to pm me . I believe I be able to assist