Hi BP team,
Currently owning 4 investment properties in Jacksonville, FL. I bought them as a primary residence, lived in it for a while and then rented it out. The cash flow coming from them it's considered as an income from the banks therefore they were able to get me more financing. In Florida, you are allowed to buy up to 9 houses as a primary residence. I am hoping to get 3 more by the end of next year. The end goal is to own multifamily. What is the best way to get there?
Sounds like you're well on your way. You can 1031, raise money, or save up the cash flow for the multi-family. What kind of price point are you looking at?
Use OPM to scale up.
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