I am looking for an UNSECURED LOAN or LINE OF CREDIT, not credit cards or a bunch of small loans, min 250k.

I have seasoned portfolio of rentals with equity locked in it....LTV of portfolio 29%.

I want to do upgrades, updates, maintenance to units THEN I will refinance select units for the repayment.

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Hey PR,

Your post is a little confusing. You stated your seeking a unsecured loan or LOC, but have a seasoned rental portfolio with equity in it. So are you going to use the portfolio as collateral for this LOC or loan? Please reach out!

Nicholas Hubbard | Managing Partner

nick@nathancapgroup.com

www.nathancapgroup.com

Fair question, I believe the portfolio would be the 'collateral'/proof of exit strategy. 

I want to do the upgrades, updates, increase rents THEN pursue refinances as needed to absorb the loan/LOC.

I mentioned seasoned so it is clear that I have owned them a while, I am experienced and why there is so much equity (I haven't been taking money out). 

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