Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago,

User Stats

29
Posts
1
Votes
Sky Lin
Pro Member
  • Rental Property Investor
  • Phoenix, AZ
1
Votes |
29
Posts

How can I buy more house with 5 free and clear rental properties?

Sky Lin
Pro Member
  • Rental Property Investor
  • Phoenix, AZ
Posted

I live in Phoenix AZ. I bought 5 rental properties few years before when the market at bottom. I paid $40k for each. they are all free and clear now.  the comp show $100k average for each house. I rent it at $850 each. I quited my job since I bought the properties. last week,  I went to Wells Fargo to see if I can get some Line of Credit out to buy some more rental properties, but they said no to me. what should I do now? any opinion will be appreciate!

Thx

  • Sky Lin
  • Loading replies...