Thoughts/Advice On Strategy

[Jen Menchaca]

Hi, 

I'm currently working on getting my finances in order and considering different strategies. My ultimate goal is to invest in small multifamily, but would only be able to acquire one at a time with my own available capital and I would like to scale more quickly. I know they say we should pick one strategy and focus on that, but I am considering starting out with one STR in order to create more capital more quickly. I would use a second home loan for the lower down payment on that property and then use all those profits to start investing in small multifamily. Please let me know your thoughts. Thanks!

[Rich Meeboer]

Have you considered deploying your available capital across multiple assets, as opposed to one, that yield higher IRR's and quarterly cash flow? It could be a good strategy to slowly build up a cash flowing portfolio while reinvesting yields into more acquisitions. Depending on what you have to invest, I may have some angles you could explore. Feel free to message me directly, happy to be a resource!