Updated almost 2 years ago on . Most recent reply
Looking for info on a Line of Credit or Other Financing methods to scale - Houston,TX
Hello!
My wife and I have a portfolio of 5 houses currently. We have a 3 more new construction duplexes in the works as well, just waiting on permitting to get approved. Up until this point , we have been buying the land with our cash, constructing the homes with cash, renting them out, and using a DSCR loan to pull most of our money back out.
I'm looking for a better way to scale this though. Maybe a commercial line of credit? We both have great credit scores, equity in homes, and an ample amount of cash, we are just looking for a more efficient way to scale. I am an RE agent and she owns her own business. Any suggestions would be appreciated.
- Chris