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Updated over 2 years ago on . Most recent reply
$366k + 9 properties Need loan help!
Hi Everyone! I’m new to bigger pockets. I have $366k in bank and 9 properties. How can I leverage my assets to get more capital in order to continue to purchase more homes. Looking for a loan. Thanks!
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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
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#3 Private Lending & Conventional Mortgage Advice Contributor
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- Austin, TX
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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
Pro Member
#3 Private Lending & Conventional Mortgage Advice Contributor
- Lender
- Austin, TX
What is the equity you have in the nine properties (are they leveraged with debt). Also important, is what is your current rate on the loans on those nine properties (if not too low, cash-out refinances on those would be a great strategy)