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Updated almost 6 years ago, 02/10/2019
Financing Multiple TurnKey Properties
First, thanks for responding.
We have all but decided to build a portfolio of TK properties over a 3-5 year period. With that said, we are mentally struggling with how to "scale" the business from a financing standpoint.
We have 200k to work with in cash and a 100k in a HELOC as a fallback. We are generally well positioned with W2 income with a retirement window of 5-10. We do not need the income now but want to stay the process so the cash-flow is there when it's "time". Also, we have super high credit scores and should have no problem securing a loan. We would qualify in the lower end of being accredited investors.
So...what are your suggestions for financial the first property, then the second, third and so forth given our situation and your experience?