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Updated over 4 years ago,
Anyone using the exponential growth Strat. when buying property?
I'm wondering how well anyone has done using this strategy as it seems like a very good one? I'm still trying to work the numbers and I was wondering how it pans out for others. My current calculations(Conservative) paired with my work income project for me to invest for 5 years starting with 30k for my first deal in year 1, 60k for second in year 2, 120k for my third investment in year 3, doubling each year till year 6. I project that after year 6 I will miss the mark for 480k even after a Refinance on all the other property's. I haven't owned a property before but I was wondering how long others have gone before running out of capital. Like I said I am crunching the numbers on the conservative side so I thing I could possible make the 6 year mark but just wanted to see what others thought of my plan and how others have done with this strategy. Here is my math, if you see any suggestions for my calculation to be more accurate let me know. And if you have any question on the math or category i did let me know. Thanks so much!