Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
Market Trends & Data
Buying & Selling Real Estate
Out of State Investing
Real Estate News & Current Events
Real Estate Technology
Investor Mindset
General Info
BiggerPockets Exclusive PRO Area
PRO
General Real Estate Investing
BPCON
New Member Introductions
Questions About BiggerPockets & Official Site Announcements
Off Topic
Starting Out
Real Estate Success Stories
Real Estate Horror Stories
Real Estate Strategies
House Hacking
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Commercial Real Estate Investing
Innovative Strategies
Mobile Home Park Investing
Land & New Construction
Multi-Family and Apartment Investing
Wholesaling
Rehabbing & House Flipping
Short-Term & Vacation Rental Discussions
Tax Liens & Mortgage Notes
Medium-Term Rentals
Buying & Selling Small Businesses
Outdoor Hospitality
Landlording & Rental Properties
General Landlording & Rental Properties
Managing Your Property
Marketing Your Property
Tenant Screening
First-Time Home Buyer
Real Estate Professionals
Mortgage Brokers & Lenders
Contractors
Real Estate Agent
Financial, Tax, & Legal
Personal Finance
Creative Real Estate Financing
Insurance
Private Lending & Conventional Mortgage Advice
Tax, SDIRAs & Cost Segregation
Foreclosures
1031 Exchanges
Goals, Business Plans & Entities
Legal & Legislation
Real Estate Classifieds
Classifieds
Real Estate Events & Meetups
Reviews & Feedback
Ask About A Real Estate Company
Real Estate Deal Analysis & Advice
Guru, Book, & Course Reviews
Syndications & Passive Real Estate Investing
Andre Houston's profile image
Andre Houston's profile image
Andre Houston
  • Rental Property Investor
  • from Renton, WA
  • Member since May 1, 2021

User Stats

45
Posts
11
Votes
Andre Houston's profile image
Andre Houston's profile image
Andre Houston
  • Rental Property Investor
  • from Renton, WA
  • Member since May 1, 2021
Andre Houston
  • Rental Property Investor
  • Renton, WA
11
Votes |
45
Posts
Multi-Family and Apartment Investing

Trying to scale up from single family to multifamily

Andre Houston
  • Rental Property Investor
  • Renton, WA
Posted

My name is Andre Houston I purchased 2 rental properties I never lived in them. I was finally able to purchase a house for my family so I have 3 total. I'm trying to figure out how to scale up to multifamily homes. I have about over 100,000 in equity in each home. My question is how do I use some of my equity to help purchase a multifamily? My debt to income is kind of high because its about 1 million in loans for all 3 homes. Should I use a private lender or a hardmoney lender kind of stuck thank u in advance for your help.

6 Votes
Follow
21 Replies
Jump to Last Reply
Log In or Sign Up to Reply

Most Popular Reply

Wale Lawal's profile image
Wale Lawal's profile image
Wale Lawal
  • Real Estate Broker
  • from Houston | Dallas | Austin, TX
  • Member since Mar 2, 2018

User Stats

5,100
Posts
2,645
Votes
Wale Lawal's profile image
Wale Lawal's profile image
Wale Lawal
  • Real Estate Broker
  • from Houston | Dallas | Austin, TX
  • Member since Mar 2, 2018
Wale Lawal
  • Real Estate Broker
  • Houston | Dallas | Austin, TX
2,645
Votes |
5,100
Posts
Wale Lawal
  • Real Estate Broker
  • Houston | Dallas | Austin, TX
Replied

@Andre Houston

Cash-out Re-Fi on your existing rentals and leverage the bank money. 

Make sure to know the market you are investing in and know your numbers.

Goodluck man!

business profile image
NETWORTH BUILDERS
5.0 stars
234 Reviews

Contact us

By clicking send, you affirm you have read and agree to the BiggerPockets Terms, acknowledge the BiggerPockets Privacy Policy, and you agree BiggerPockets and its network of professionals may use automated technology or pre‒recorded messages to deliver marketing calls, texts, or emails to the number or email your provide regarding your real estate needs. You also agree BiggerPockets and its affiliates may use automated technology or pre‒recorded messages to deliver marketing calls, texts, or emails to you regarding offers and other content that may interest you. Consent is not a condition of purchase. Message and data rates may apply. Message frequency varies. You can unsubscribe at any time by replying STOP or clicking the unsubscribe link (where available) in one of our messages.

3 Votes
Log In or Sign Up to Reply
Sort By:

Loading replies...