Portfolio Line of Credit

Portfolio Line of Credit Request

I have a client who owns 4 properties free and clear that is worth 940K and would like to get a line of credit against the properties. In other words, a portfolio HELOC 1st position. Can anyone do this?

The client has experience owning and credit is over 700.

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Permalink Reply by Brian Stark on May 20, 2023 at 6:58pm

What are the properties - houses, multi fam, commercial, mixed use, etc. What are the rent flows? Where are the properties - what city? LOC MAY be possible. Does the client reside in any of the properties? Pls email the basics to me: brian@starkworld.com. Thanks.

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Permalink Reply by Reginald Truss on May 31, 2023 at 2:15pm

Dwight of course we can help you with your project all we need is an executive summary. Send it to loanfather336@gmail.com.