advice on getting 2nd rental property

[Omeed O.]

Hi team. My goal is to buy 10 rentals in 3 years.  I live in Houston and would like to keep everything in Houston. I've currently own 1 condo rental paid in full valus is 100K, I paid 70 for it about 5 years ago.  And my primary residence is valued at around $220 and I've paid about $40K on it. my income is around $100k, i have good credit.   So my question is what would you do to get financed in my situation?  for the next 2 units?

[Mike Dorneman]

@Omeed Owhadian BRRRR. You’ve done all the hard work, not R refinance that first property into a Line of Credit. Use if for the down payment on your next. Renovate, rent and refinance again! Keep it going and you’ll be at 10 before you know it!