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Updated over 8 years ago on . Most recent reply

User Stats

57
Posts
15
Votes
Keith Vinson
  • Wholesaler
  • Columbus, oh
15
Votes |
57
Posts

leveraging funds to buy rentals

Keith Vinson
  • Wholesaler
  • Columbus, oh
Posted

I have wholesaled enough funds in columbus ohio, now I want  to get into the rental part of real estate. whats the best way ? I have an fha loan up to $150k owner occupied 3.5% down, my goal is to own a duplex up to a 4unit. I have wholesaled to alot of buyers who will buy the home cash from me  fix the home up rent it out, get the home appraised and then take out a home equity line out on the home. would you consider just getting a mortgage loan from the bank to purchase the house? what creative ways are you using to build your rental portfolio?

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