All Forum Posts by: Frederick Laura

Really appreciate all the responses that have come in. Fred

Thank you Jon!

Since 2016 I have purchased 8 rental properties in Florida.  I have good tenants and the monthly return on all the properties is good. The loan officer I have used for the purchase of all my rentals and primary residence advised me that I am at the point where I can no longer qualify for another property because I do not have enough money is reserve and making much less money due to lack of work from the Coronavirus. To move on for the purchase of additional properties I am not sure if I should look into an equity loan on my primary residence or perhaps flip one or two of my properties. This is all new to be and any advise would be appreciated. 

Thanks! Fred