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07-08-2020, 04:12 PM #1
- Join Date
- Feb 2017
- Posts
- 3,395
If the client wants fix and flips LOCs, that's a great option, and they can be done without dealing with a bank, one underwriting per year and no income verification. HELOCs aren't happening these days.
I work with a lot of lenders who do these types of loans. Please do reach out to me, email or DM me your phone number if you'd like me to call you. I can get a LOC that's like 5 times his current liquidity and the HELOC will actually help secure it as well.
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