thanks for the info - Posted by Nate
Posted by Nate on August 14, 2005 at 07:57:30:
Good info Nick. I might have dumb luck with this stuff. The first line of credit that I got about 4 months ago was for 10K and it was presented to me with the terms and required a small fee to get it started. I paid it and the next week I had my credit card and checks.
Now with this firm and deal I don’t know what else I can do. I checked the firm and the rep out on BBB. I checked his references, and also I was referred to him by a fellow investor who is as straight as an arrow so that helps ease the mind a little bit.
I feel comfortable with this firm and believe me I’m as skeptical as the next guy. Monies are precious when I have 4 kids and a wife that come first. I’m not telling anyone else to do it as everyone has to make their own decision. I know this…in my case I haven’t spent a year on business credit. Nor do I have the time to wait for an extended amount of time. If I can get this credit within the next 60 days, pay a fee, and not miss out on deals on a monthly basis, then I’m golden. Plus I won’t be at the mercy of hard money lenders, private money, or rehab loans. Skip all that crap and cut the check and be done with it.
There’s no doubt there is risk involved. There is risk getting in my car to go grocery shopping to Ok I’m getting cynical now. Sorry bout that. I’m moving forward and getting these lines of credit.