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Updated over 1 year ago on . Most recent reply

User Stats

113
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67
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Chris Kersey
  • Real Estate Agent
  • Houston, TX
67
Votes |
113
Posts

Looking for info on a Line of Credit or Other Financing methods to scale - Houston,TX

Chris Kersey
  • Real Estate Agent
  • Houston, TX
Posted

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 

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