Subscribe to Answers
Try another lender. Normally it is considered as business so Debbie is correct. One can get a revolving, margin..... Everyone wants to lend.
Interesting. If the person owns a biz, they could try for a business line of credit. Not sure if that helps.
Interesting. I look forward to the loan people commenting.
I don't know.
I believe you can get a line of credit on renatl property.
Many people can get unsecured personal loans, interest rates tend to be higher than loans taken out with collateral. There are hard money lenders, Peer to peer loans and small business start up loans. Your client should shop around a bit more.
Good morning Hella. You can get a credit line on any real estate, but not all lenders will do them on anything but your home. Some lenders will do unsecured lines as well.
Make it a great week!
Depends on the lender, my line is solely on my investment properties.
thanks for asking the question - I don't know the answer - but certainly credit unions have very tight guidelines