Line of Credit on a 3 family Investment Property
I have a three family property in the slope with no debt on it but is not my primary residence. I am looking for a revolving line of credit but since it is an investment property, many bank’s consumer loan area won’t touch it. Has anyone had any success with this situation?
I have a three family property in the slope with no debt on it but is not my primary residence. I am looking for a revolving line of credit but since it is an investment property, many bank’s consumer loan area won’t touch it. Has anyone had any success with this situation?
i just posted yesterday about getting an underlying mortgage for a 3 unit co-op. we used vanessa thatcher as a broker and she was great. i’m in finance myself and lines of credit tend to be more difficult b/c they don’t pay (if you don’t use it) but require precious capital.
I can get it done. Shoot me an email
-Adam Dahill
WCS LENDING
adahill@wcslending.com