Other methods to Buy and Hold

[Ethen Royal]

Hello, I am looking to initially purchase 4 single family homes 20% down on each with a 30-year mortgage, then use the net cash flow on each property to save up for another 20 % to make the next purchases and so on. I already have 4 houses that I purchased this way and want to grow this number. Is it reasonable or possible to keep getting 30-year mortgages for the next 10-15 years or is there a better strategy? I have an LLC which the first 4 properties are already under title wise but the loans are in my name. All have a 5.25% interest rate. I know this much debt is not the ideal situation, but how else can I do it just by myself with no partner. Any suggestions, comments, help, etc. would be much appreciated. Thanks