Financing Multiple TurnKey Properties

[Marty Joyner]

First, thanks for responding.

We have all but decided to build a portfolio of TK properties over a 3-5 year period. With that said, we are mentally struggling with how to "scale" the business from a financing standpoint.

We have 200k to work with in cash and a 100k in a HELOC as a fallback. We are generally well positioned with W2 income with a retirement window of 5-10. We do not need the income now but want to stay the process so the cash-flow is there when it's "time". Also, we have super high credit scores and should have no problem securing a loan. We would qualify in the lower end of being accredited investors.

So...what are your suggestions for financial the first property, then the second, third and so forth given our situation and your experience?

[Jay Hinrichs]

most folks go govmit backed for their first 10... and sometimes they will put 10 in wife and 10 in hubby.. if incomes support each endevour.

then you look at portfolio loans  here are a few for REAL lenders you can contact for those loans.

B2r   charlotte

Colony  lala land

Lima one   North Carolina I beleive

lendingone   Florida

Cogo  not sure and they are slow

Peak   in Kansas city  ( they have a non recourse product)

and if you want other ideas that are out of the box you can PM me I am not allowed to talk about them on the air here.. as it would be self serving  LOL