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Updated 12 months ago on . Most recent reply

User Stats

102
Posts
27
Votes
Brandon Becsi
  • Rental Property Investor
  • Richmond, VA
27
Votes |
102
Posts

I have too many deals in NC

Brandon Becsi
  • Rental Property Investor
  • Richmond, VA
Posted

I have a problem but I guess its a good problem. I mostly do long term rental holds in VA and NC. Especially in central NC there are too many deals for me to get funded. I typically buy a house for 40k put 20k into its and appraises for 110k and rents for $1,100 per month. I typically use private/hard money lenders and what is happening is that the top 3-4 that I use will only be able to do 2-3 loans and then may run out of capital. What do you recommend I do to be able to scale more and not have this restriction on capital? Thx

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