REIA Of Oakland Discussion Board

In todays credit crunch it is difficult to acquire business lines of credit even with excellent credit so I have heard about an alternative way to get business funding...Please point me in the right direction so that I can learn how to set this up...

The idea is to partner with homeowners with good credit who have equity in their homes. I would help them get a HELOC and they would earn a great income investing in real estate utilizing a "dead assett" I would pay their monthly line of credit payment along with a bonus. Win Win for both as I can show homeowners with rappidly shrinking equity how they can profit from it before it dissapears and I build my self business lines of equity...

Note: I am not talking about funding transactions with private money from the lenders IRA's this is something different entirely

Please help point me in the right direction so that I can learn how to do this.

Thank You!
David

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