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Updated over 8 years ago,

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6
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0
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Brody Channell
  • Investor
  • Sheridan, AR
0
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6
Posts

Learning how to maximize my purchases

Brody Channell
  • Investor
  • Sheridan, AR
Posted
Hey this is my first post. So I have a lot of questions and would like feed back on what I should do. I currently have 100k in cash, I own 3 properties that are paid for and occupied. They are worth about 250k. Renting for 550,650, and 850 monthly. I also have 100k line of credit on our current resident valued at 350k and owe 68k on the loan. I want to purchase more rental property but wanting to get some ideas how to maximize my investment opportunities should I do some flips to gain more (banked)cash. Should I refinance the other properties to purchase more rentals. Would like to get into multi family properties of possible, but that would mean putting it all down on one piece of property it think. Just thought on what y'all would do in my situation. Thanks!

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