David’s question
David
What is the biggest down-side to getting a business line of credit to buy real estate or what should someone be careful about?
TOM’S ANSWER - It does not matter if you are investing in real estate using your own cash, a business line of credit or someone else cash - the most important thing is finding a good investment.
You must use strategies to find true DEALS. You can invest in pre-construction, pre-foreclosure, probate, fixer ups or whatever you want to concentrate on with business lines of credit safely if you have a good long term plan.
