Recommendations for first solo purchase/deal
I inherited 8 properties. 6 rental properties, a lake cabin, & an abandoned industrial building zoned for business only (has studio apartment in great shape on top/2nd floor). All properties are paid off and all 6 rentals are rented. I have been self-managing & rehabbing, etc. I am itching to expand my portfolio and take this thing up a notch. I have not made any moves in terms of new purchases on my own as getting those properties in shape took time and $. I am now ready to get serious and grow. Have the abilities to flip. Getting financing lined out at the moment to see what kind of LOC can be achieved. Thoughts on next moves/purchase strategies, etc? Current cash value of all paid off properties is Approx. $400k. Thanks for reading