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Updated almost 9 years ago,
If you had $100k, how would you grow your rental portfolio fast?
I'm in the midwest markets (mainly OH and IN) so there's plenty of good deals...the issue I'm struggling with is recycling my money quickly. I just want to hear from others who've managed to grow from being a part-time landlord to fulltime...assuming about $100k to work with
Would you do multi-family or SFR?
Focus in IN or OH or both?
What happens when you max out Fannie/Freddie mortgages in your name? Do you find a local lender that portfolios their loans? What if you're an out of state landlord?
Would you try and syndicate larger deals to make your $$ go further faster?
I've used the buy-fix-rent-refi model....but between seasoning requirements and being an out of state landlord it hasn't exactly been the most efficient use of my capital and I'm looking for some solutions to grow
Thanks as always!