How to Scale

Question

I was just wondering how to scale your portfolio? Are most people putting 20% down then waiting 6m-1y and refinancing that property to then put the equity down on another one? I'd love some suggestions and learn different ways to scale.

Eliott Elias · Answer

Have a mix of flips & buy & holds in your portfolio. Do not lean too heavy on either. Your financing options will play a big role in how you scale, aim to look as best you can on paper for a banker to give you favorable terms.

Hunter Gibson · Answer

It is going to depend if you are investing in or out of state. The market is not the best for investors here in Utah, but you can still find great deals. I personally think seller financing is the best way to scale your portfolio. Where you can buy homes with little to no money down. As a local investor and Realtor in the area.

Feel free to reach out with any questions!

Carl Davis · Answer

Like Henry mentioned. Start with house hacking. Do this every year. It’s helped me grow my portfolio to 7 doors in about 3 years. Low risk, low money down, easy to learn when you live there.

Henry Clark · Answer

Sit down with a piece of paper and run different scenarios.  See it on paper before you get there.   No matter where you start or how much wealth you have you will hit a point where you don’t have enough capital.

If you have little capital then you need to start with house hacking, BRRRR, trailer hacking, trailer units, to build up capital.

Lenders and banking try to stay with the same person.  Build a relationship.  Also if with the same bank you can cross collateralize different assets.  Let’s say you have $30,000 additional equity in building one with lender A.   And you want to buy building B but through another lender, you can’t use that collateral.

Try to buy valueadd properties versus just Cashflow properties.

Stay in the same area so you can leverage your team.

How to Scale

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