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Updated about 2 years ago on . Most recent reply

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129
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29
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LaMancha Sims
  • Lender
  • Atlanta, GA
29
Votes |
129
Posts

Leveraging other people Money or Use your Money

LaMancha Sims
  • Lender
  • Atlanta, GA
Posted

When it comes to financing a deal, What's the best way to build a solid Real Estate portfolio for Retirement??



Most Popular Reply

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468
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579
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Jack Tulloch
#2 Mortgage Brokers & Lenders Contributor
  • Lender
  • Austin, TX
579
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468
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Jack Tulloch
#2 Mortgage Brokers & Lenders Contributor
  • Lender
  • Austin, TX
Replied

I think leveraging others money is the best way to build your portfolio. You can scale much quicker because your buying power increases significantly. For example, if you have $1,000,000 in cash, you can buy one home worth $1,000,000 or buy four houses by putting $200,000 down on each. This of course does not factor in closing costs but the idea is pretty simple. 

  • Jack Tulloch
  • [email protected]
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