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

[Nick Rutkowski]

@Ethen Royal

I don’t see why you can’t keep doing what you’re doing as long as your lender is okay with it then why not?

If you’re looking for another way, you could see if you can 1031 exchange your houses for a commercial apartment building. More units under 1 roof. Different plan but still B&H.