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Updated over 10 years ago on . Most recent reply

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10
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Scott McCloy
  • Washington, PA
4
Votes |
10
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Starting Out & Down Payments

Scott McCloy
  • Washington, PA
Posted
I am curious to see some opinions/strategies on how real estate investors can acquire property after property without constantly putting down 20% or a way to draw equity from one property to purchase another.

Most Popular Reply

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5,028
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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
2,573
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5,028
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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
Replied

I have purchased all 19 of my investment homes using a hard money to refi strategy. Basically I borrowed 100% of the purchase and rehab then I refinanced right away to pay back my private lender.  I had to make sure I had enough equity for this deal to work. 

Good luck

  • Curt Davis

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