Between my personal residence and a rental property I have about $93k in equity. With decent credit and $200k of annual income (between my partner and I), should it be fairly easy to get a line of credit?
If so, in your experience how big of one should we be able to get with the info I’ve given?
I've seen banks that'll do 100k in credit. Take a look at Wells Fargo's LOC and see if it's what you're looking for. I'm assuming a personal LOC and not a HELOC or BLOC. You can get those as well, but you'll have to shop around. https://www.wellsfargo.com/personal-credit/products/
I’d be willing to put up the equity as collateral if that’s an option and if it’s necessary. I’ll check out the product you’re talking about. Thanks.