Updated over 7 years ago on . Most recent reply
Business Plan Sanity Check Question
I'm beginning to define my real estate investing business plan and I have a question.
At the moment, I'm reviewing buy and hold properties for all cash purchases. These will likely be Class C or D neighborhoods.
I'd like to end up leveraging those properties to obtain / financing for multifamily rentals.
What do you think about this strategy? Anything I'm missing? Any pitfalls you foresee?