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March 12, 2020 18 mins

Lines of credit can be a great financial strategy when it comes to financing rental property.

 
 

Whether it be a HELOC, secured line of credit or unsecured line of credit it allow you some flexibility to acquire property.

 
 

What is an unsecured line of credit?

 
 

An unsecured line of credit is a revolving account that allows you to draw and repay based on your need for the money.

 
 

What's great about an unsecured LOC is that you don't have to put any personal funds or properties up as collateral for the access to the money.

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