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i guess so but why would you need $1mil LOC. My mother in law has loads of houses and no mortgage. her kids will inherit her estate..get 1 or 2 each. She has 5 kids. she also has cash but doubt it's $1mil. she still complains she has no money! though I do know of people with a few mil cash...

I think that's crazy. Even someone with $5mil net worth can't come up with $1mil in 48 hours.