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Updated about 11 years ago,

User Stats

89
Posts
12
Votes
Daniel Warren
  • Crossett, AR
12
Votes |
89
Posts

growth strategies question

Daniel Warren
  • Crossett, AR
Posted

as I'm kicking around looking for my first deal, I've been thinking about my growth strategy . I've read a few threads on leveraging vs debt free, and I'm leaning more towards leverage with a little cash as possible to get each deal rolling, and maybe timing everything to be paid off about when I would like to retire. I guess my question is more detailed info on how to operate in that manner. Like say I had 8k and got 4 deals rolling at 2k each. Let's not look at numbers so much as theory. We'll say they all cash flow at least 100. So now my cash is gone and I'll be saving up the rental money as I plan to reinvest all money for a long time. I know part of the strategy is pulling out equity but I have little because I just got into said deals. So the question here is do I pay note on three and extra on 1 so I can pull out equity faster on it, or is there a way to pull small equity out of all at once. And other than that its just saving up the money until I get enough to get another deal .