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Updated almost 3 years ago on . Most recent reply

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Kevin Bulger
  • Long Beach, CA
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How to keep scaling my real estate holdings

Kevin Bulger
  • Long Beach, CA
Posted

I own 4 rental units (3 condos and a multi-family). I have 25-35% equity in all of these properties. How can I best use this equity to keep scaling my portfolio?

It seems banks aren't really doing HELOCS on investment properties right now. 

I have looked into securing lines of credit through resources like 

https://www.corevestfinance.com/learn/ but am a bit skeptical as well. 

Anyone have any advice on strategies I could execute to keep acquiring more properties? 

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Ricardo Hidalgo
  • Real Estate Agent
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Ricardo Hidalgo
  • Real Estate Agent
Replied
Quote from @Kevin Bulger:

I own 4 rental units (3 condos and a multi-family). I have 25-35% equity in all of these properties. How can I best use this equity to keep scaling my portfolio?

It seems banks aren't really doing HELOCS on investment properties right now. 

I have looked into securing lines of credit through resources like 

https://www.corevestfinance.com/learn/ but am a bit skeptical as well. 

Anyone have any advice on strategies I could execute to keep acquiring more properties? 


 I would fine ways to create capital quickly through flips or wholesaling. I wouldn't pull anymore equity or refi since you are at the correct ratio for stabilizing a property. If you were  to move money out, you could potentially limit cash flow and not have enough cushion in your holdings. 

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