Rolling collateralized line of credit?

[Kai Nelson]

Hello, New to the forums, but a longtime listener of the podcast. Among real estate I own a wholesale distribution company, a contruction brokerage business, and act as a venture capitalist in my small town eco system. My businesses are realitively new, but I’ve managed to grow from $2000 in my bank account as a lowly enlisted army soldier to owning 6 properties in my first year and a half. My largest was financed based off of a helicopter maintenance job I took in Croatia for 7 months which I bought as a beach vacation rental. The other 5 I bought cash from my earnings from my various business dealings and are in various stages of completion, being remodeled or next in the pipeline. Here’s my question, I can’t keep dropping 10’s of thousands of dollars boot strapping my property acquisitions and I think I’ve acquired enough collateral to put up for a line of credit so I can continue to buy deals as they present themselves, which is every day in my area. Most of my investment properties are single wide trailers as rentals that my building crew and myself have gone through and completely remodeled, from new roof, layout plumbing, electrical, drywall, and appliances. But I’m somewhat worried about the length of business ownership and the fact that i know most banks would only consider the value of the land. Would my available cash, good credit and collateral be enough to secure a bank line of credit? I’m currently purchasing land and trailers for about 75-85% of land and taps only value. After all cost i get on average about 35-39% annual ROI. Should I go private money? Or will the banks take those numbers into account? Thank you in advance for all the input!