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Updated about 7 years ago,
How to Scale - Milwaukee
Hello fellow investors!
I've asked this group for a lot of advice on how to grow in real estate. I've managed to accrue 5 units since then (2 SFH, 1 Condo and a Duplex). All are doing great and cash flow is nice. I realize I could continue to slowly add a unit every year or so, but I'm really looking to scale at this point. I'm just at a bit of a loss regarding how to best do it... particularly when it comes to financing it. I want to purchase a 4 unit or greater. Are there any creative ways to finance it? Can I do it under an LLC? Is it possible to take equity from one or more of the other properties without it being too risky (I believe I can only take a small % of the equity). Coming up with 25% of a 500k property, let's say, might not be possible for me any time soon.
p.s. I'm looking in the Milwaukee area only.
I look forward to any advice! Thanks so much!