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General Real Estate Investing

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Dinisio Gilbert
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Leveraged property assets

Dinisio Gilbert
Posted Nov 3 2022, 18:06

Just closed on my first investment property, it's going to be a fix&hold, how can i leverage this property so that i can buy another?

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Thomas Sullivan
  • Accountant
  • Nashua, NH
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Thomas Sullivan
  • Accountant
  • Nashua, NH
Replied Nov 3 2022, 18:31

BRRR method

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Eliott Elias#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Investor
  • Austin, TX
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Eliott Elias#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Investor
  • Austin, TX
Replied Nov 3 2022, 21:39

What kind of debt do you have on it? If it is paid off you can borrow against it, if theres a loan you can take out a line of credit on the equity you have 

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Mitchell Roadruck
  • Real Estate Agent
  • Northwest Indiana
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Mitchell Roadruck
  • Real Estate Agent
  • Northwest Indiana
Replied Nov 7 2022, 07:40

You should consider a BRRRR! If you have any questions feel free to reach out. Ill send you a connection request.