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Updated almost 10 years ago on . Most recent reply

User Stats

56
Posts
38
Votes
Tareq Salaita
  • Investor
  • Decatur, GA
38
Votes |
56
Posts

Should I go for a loan to grow or stay 'organic'

Tareq Salaita
  • Investor
  • Decatur, GA
Posted
Hello everyone, I'm new to bigger pockets- love the forum and great free advise I'm getting here. I'm 35, have 4 properties in Atlanta-- the strategy was buy, rent and hold.. However I have paid cash for all of the homes and find it hard to grow without additional lending. I work overseas and file tax returns ( excellent credit) but I find that lenders shy away from lending for investment properties or equity lines on investment properties especially when my overseas employer doesn't provide w2s. Do you think I should continue buying when I have cash, start flipping or look for lenders ? Thanks T

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