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Updated almost 3 years ago,
What is the best route to cash flow
Hello BiggerPockets my name is Troy, I have a very interesting situation and was trying to figure out the best route to take next on my real estate journey. I presently own two renters out right without mortgage and have existing tenant from last owner. At the same time I have a new construction which I am right at finishing. Already got one tenant out with the other tenant notice to vacate the second property by May 15. The two renter properties are in need of some repairs and I am right at finishing the new construction. Bigger pockets any advice on how to leverage what I already own to get some funds for repairing the two renters. I was thinking finish the new construction then take out a heloc on the new construction. Good think is I build the house myself so don’t have a contractor cost with exception of hvac.
Due do this process I have kindle hurt my credit score. Any Advice would greatly be appreciated. Thanks