Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

101
Posts
27
Votes
Freddie Williams
  • Rental Property Investor
  • Norfolk, VA
27
Votes |
101
Posts

Should I increase my portfolio before buying an apartment?

Freddie Williams
  • Rental Property Investor
  • Norfolk, VA
Posted

Just curious what everyone perspective is in regards to current situation. I have 2 properties with total equity of 100k. These properties are clearing 600 a month in positive cash flow. Should I:

1. Sell my rentals for down payment?

2. Increase my rentals for a strong personal financial statement for funding?

Just wondering what everyone thinks. I have rehab properties for rental for many years and have sold them and now.starting over. I want to be goin into the right direction this second time around.

Appreciate everyone's input and time. Thanks in advance to everyone.

Loading replies...