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Updated over 10 years ago on . Most recent reply

User Stats

38
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7
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Mike Mitchell
  • Brooklyn, NY
7
Votes |
38
Posts

how are you funding your deals?

Mike Mitchell
  • Brooklyn, NY
Posted

Just curious to know how other investors are funding their buy and holds. I have a full time job and a part time job and i am able to save enough to purchase about 2 properties every 3 years. If i quit my part time job (which i plan to) it would be 1 every 2 years. Is there any way i can accelarate this?

Most Popular Reply

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1,982
Posts
599
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Jassem A.
  • Investor
  • Pennsylvania
599
Votes |
1,982
Posts
Jassem A.
  • Investor
  • Pennsylvania
Replied

Borrow against existing properties unless they are already mortgaged

Owner-occupy one of the properties every year to get a lower down-payment

Buy cheaper properties

Do the work yourself, manage yourself, get cheaper insurance to cut costs

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