Debt! Regrets or No regrets?

[Eliot M.]

I'm in the middle of really focusing my strategy and to really win I'm going to need to leverage a lot. All of my rentals currently are financed and I plan on financing them all until the bank doesn't let me anymore. 

I'm looking for feedback from investors who have 10 or more properties financed - do you regret doing this, or not? Do you embrace it because it's a strategy that works for you? What would you have done differently? What helps you sleep at night? Plenty of cushion in the bank for a rainy day?

[Travis Sperr]

As long ad you have the down payment, reserves and credit - you can finance as many properties as you can find.

The only thing I would do differently is to finance all of my deals on 15 yr terms rather than 30 yr. I don't live on the cash flow so it is less important to me now than it will be later. If I started over I may have tried to buy new properties - a lot of what I own was built in 1970's, my recent purchases have been 2005 or newer and they are just easier properties. 

I keep significant reserves for for my portfolio and sleep just fine.