Interest Only LOC on investment properties.
Has anyone had any luck getting a interest only Line Of Credit on a investment property?
I've gotten them with banks based on a LLC's gross revenues up to $50K.
I'm guessing $50K or less no doc
$100K low doc
not sure above that?
All the LOCs I applied for at BofA, BoW, USB, Wells were interest only Prime + around 3% in 2020-early2021