Scaling with Line of Credit

[Sam Burchyett]

Hey all!

Long story short, I've been using a line of credit ($300k @ 5%) and have completed several flips so far this year. However, taxes & commissions are quickly making me realize that I want to get into BRRRR/buy & hold sooner rather than later (as I had originally intended).

Wondering what opinions would be on how to stack doors as quickly as possible in a sustainable way? I know this will involve getting into multifamily/commercial, but not sure what that looks like when using financed money. I've debated BRRRRing but I'm afraid that stacking 2-4 unit properties won't get me where I want to go quickly enough.

@Brandon Turner & @David Greene inspired me to set a stretch goal of $50 million in holdings by January 2030, so I obviously need to start moving ASAP.

Thanks in advance and looking forward to discussing!