All Forum Posts by: Account Closed

I have to say FHA multi-unit is the way to go!

Very good breakdown @bob

This sounds kind of dangerous for you. I would partner with someone who is killing it first on a few deals to get you some experience- put in some sweat equity or split a deal so

Oh yes- I would go for it. Try to reduce asking price but yes. That is solid and you will be living rent free!

@patjackson Yep- mortgages on all of them! And I know- looking to get my wife involved on a portfolio as well moving forward.

Chris Purcell I have the upfront cash for my market, but looking to really building my business and get it to 40 units (I have 9 now). And BRRRR seems like the best way to go- curious to hear your thoughts?

Chris Purcell Yep- going to get on it Monday.

Sounds like I need a new mortgage guy- thanks fellas 👍

The local US Bank in my area has a commercial banker that I really like and get along with (Currently working on a deal of mine)... But it takes so long to hear back and the communication seems so delayed....

I am going to start buying a lot more properties, is US Bank a good bank to partner with BRRRR?

Thanks in advance! 

I have some cash saved up, and want to put it to work and buy up a portfolio of properties. I own 9 units so far that I purchased traditionally- but now I want to try and scale fast. I would like to buy cash at 70% LTV then refi out when I lease out the property, then repeat!

Any tips on this process? Thanks guys! 50 units is the goal!