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Re: DERBENSKI post# 9639

Thursday, 06/19/2008 10:38:21 AM

Thursday, June 19, 2008 10:38:21 AM

Post# of 97362
not uncommon to have credit lines at the limit. MY old bank use to max out the credit line at the fed all the time. It was the lowest cost of funds for us. My friend just maxed out his 1 million line of credit buying 5 houses at 50% on the dollar. Was that bad?? This really doesnt tell us much. Now show me they arent making payments then I will worry.