My son wants to buy a house in foreclosure but does not have cash. However, he does have an excellent credit standing. The house will be sold for cash which is about $20,000 less the appraised value.
How can he have the cash money ready the day of the sale?
How to get a Line of Credit at a Bank - Posted by Tony Cooper
Posted by Tony Cooper on January 30, 2002 at 22:32:35:
Any short answers or quick tips on how to get a line of credit at the bank to buy properties and do rehabs or flips. I have good credit. I am intimidated at the idea of walking in to the bank and saying I am going to be in business investing and would like a 100K credit line.