All Forum Posts by: Kanchan Sil
Kanchan Sil has started 1 posts and replied 4 times.
Post: QOTW: Do you have a BHAG (Big, Hairy, Audacious Goal)?
- Posts 5
- Votes 5
go from 2 to 20 unit in next 5 years :)
Post: Strategy to Go from 2 to 4 unit
- Posts 5
- Votes 5
Thank you so much @Leslie Anne Morris
Post: Strategy to Go from 2 to 4 unit
- Posts 5
- Votes 5
Thank you so much for the input. I have not considered looking for partners. I probably need to start looking for one. I will also look into dipping into retirement account (401k/IRA).
I would do lil more homework on that as I don’t know much about either options where to start. I am looking forward reading your blog post
Regards,
KS
Post: Strategy to Go from 2 to 4 unit
- Posts 5
- Votes 5
Hello,
I am a newbie investor (started last year) with only 2 STR properties (1 - 1/1 condo in Corpus Christi and 1 - 2/2 Cabin in Gatlinburg). I have used a good portion of my cash savings to arrange for a 20% down payment for these two deals. They are doing well but didn't generate as much cash flow that I can use for another down payment. The Mortgage Rate has also increased considerably during the last 12-15 months, so I am not super interested in the refi (I have 4.5% currently).
Are there any strategies that I can leverage to keep scaling without cash in hand? :)
Thank you in advance.
Regards,
KS.