96. How to use a LOC (Line of Credit)

from Investor's Guide to Memphis Real Estate · host CrestCore Realty

What is a line of credit? Two words: CASH OFFERS!  This is probably the most important topic for any real estate investor. Especially if you want to scale, move quicker, and build something enduring. Because cash is king. Now and always. So, having an LOC is important today but even more important moving forward. Everything we teach this week is as applicable to the beginner as it is to the seasoned pro. In this episode we cover: Where do you get a line of credit? Incredible examples of using LOCs that can help you think creatively and could spark a new thought process. Creative collateral so you don't have to jeopardize your home. (Your wife and kids will thank you!) How to leverage banking relationships that you already have at home to invest out-of-state in Memphis The downsides of LOCs to beware of. Have any questions? Shoot me an email: [email protected] Dean Harris, VP of Sales at CrestCore Realty Douglas Skipworth, Founder & Principal Broker at CrestCore Realty Podcast production and design by Parasaur Studios

What this episode covers

What is a line of credit? Two words: CASH OFFERS! This is probably the most important topic for any real estate investor. Especially if you want to scale, move quicker, and build something enduring. Because cash is king. Now and always. So, having an LOC is important today but even more important moving forward. Everything we teach this week is as applicable to the beginner as it is to the seasoned pro. In this episode we cover: Where do you get a line of credit? Incredible examples of using LOCs that can help you think creatively and could spark a new thought process. Creative collateral so you don't have to jeopardize your home. (Your wife and kids will thank you!) How to leverage banking relationships that you already have at home to invest out-of-state in Memphis The downsides of LOCs to beware of. Have any questions? Shoot me an email: [email protected] Dean Harris, VP of Sales at CrestCore Realty Douglas Skipworth, Founder & Principal Broker at CrestCore Realty Podcast production and design by Parasaur Studios

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96. How to use a LOC (Line of Credit)

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This episode was published on April 13, 2022.

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