Has anyone worked recently with FOA on line of credit? The line has been approved. They are saying they can fund within 21 days. Property will be in Maryland. Maybe Baltimore.
Hi Beth, I haven't worked with them directly, but some of my clients have. I don't have anything positive or negative to say about them. Just be clear on how it works. It's not a line of credit that you can go do whatever you want with. You will have to go to them to approve each deal you want to make. So it's more like a pre-approval than a true line of credit.
Thank you. A colleague of mine has a line with them but doesnt have much experience so they told her to find an experience partner. I am trying to decide if it would make sense to do that.