Updated over 17 years ago on . Most recent reply
Hello from Wyoming
Hi! I'm Chris and I've got the bug too. Yes I am a real estate investor but it's been primarily by accident. Each time we bought a new house we just kept the old one and rented it. In a college town it's pretty easy. In the last 1.5 years we have stepped up bought 2 multi-unit buildings. The first a 4 unit needing a lot of love and then a 12 unit that we have a management company taking care of.
My goals now are learning now to finance additional properties seeing that I am completely leveraged 80% LTV on all properties. I plan to stick to the towns I know and understand but would like to continue to expand. Any advice on additionally leveraging the properties we have beyond 80% LTV would be appreciated.
Chris