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Updated almost 6 years ago on . Most recent reply

User Stats

13
Posts
5
Votes
Fernando Lama
  • Rental Property Investor
  • Newark, NJ
5
Votes |
13
Posts

Scale and buy another MF or continue lending money out at 20%???

Fernando Lama
  • Rental Property Investor
  • Newark, NJ
Posted

I currently own a small 3 unit mf. However for about 2 years ive been stacking and reinvesting every dollar in lending money on 2 different deals for a builder. These deals provide me a return of 20% every 4-5 months. And 15% every quarter give or take a few days.

My startegies and goals are in buy in hold MF in the long run. I want to stack, multiply and grow; however the cash returns im making are tough to pass up on. Suggestions? Input? Should i wait for certain markets to drop more, and than go shopping???

Ps. Im new to creating posts here so i hope i picked the correct subject and categories here within the forum

Most Popular Reply

User Stats

74
Posts
22
Votes
Eric Chase
  • Rental Property Investor
  • Germany
22
Votes |
74
Posts
Eric Chase
  • Rental Property Investor
  • Germany
Replied

Greetings @Fernando Lama!

Am I reading this right? You get a 20% return every 4-5 months? So about a 60% annualized return?? I’d stick with that until that well runs dry!

And let me know if that builder needs anyone else to lend to him!!

Cheers!

Eric

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