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Updated about 10 years ago,

User Stats

23
Posts
4
Votes
Vince Futia
Pro Member
  • Investor
  • Schenectady, NY
4
Votes |
23
Posts

Build Quickly

Vince Futia
Pro Member
  • Investor
  • Schenectady, NY
Posted

Hello Everyone;

I have just put under contract my first 2 family rental. I will be paying cash for it from self directed IRA.

My question is what are some viable, creative options to build the portfolio of rental properties. I would like to have 28 - 36 units in 5 years.

So from this first one, what might be some idea's  that the experienced investors have used to build quickly, find private money? Find no money down deals? I'm not sure how many lenders will allow a investor to refinance the first one, pull the $$ out, with those funds, purchase the second one, refinance that, purchase the third one, refinance that, and so on and so on. Any idea's, tidbits, tricks of the trade would be AWESOME!

Thanks

Vince

  • Vince Futia