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Updated over 6 years ago on . Most recent reply

User Stats

9
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1
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Frank Shaw
  • Oakland
1
Votes |
9
Posts

Looking for advisor to help maximize unit growth strategy.

Frank Shaw
  • Oakland
Posted
Hi BiggerPockets community, I’m Frank, a part time real estate investor. I have been buying apartments and condos since 2008 and I have been fortunate to accrue 5 units (3 town houses and 2 homes) since then. I have been thinking about strategies of growing my real estate unit portfolio in size, but any way I looked, I was running into limitations (high LTV for conventional loans, expensive real estate with low cap, 1031) but nothing felt quite right until I came across the BRRRR strategy. I’d like to ask for advice on how I should go about leveraging my units. 3 paid off. 1 23% equity and the home value increased 150k, and 1 home with 50% equity, home valuw increased 50k. Please feel free to send a message if you’d like to connect in general. I’m excited to hear from you!

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