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Updated about 5 years ago,
Not maxing out on 10 loans
Hi BP people, I hear many people say to get your 10 conventional loans first then switch over to commercial / portfolio. Seems this way is very slow in reguards to scaling and sitting on the sidelines every 6 months waiting to refinace. I know about delayed finance but it doesnt recoup any of the rehab costs.
My question is how many investors dont actually go all the way to ten and make the jump to portfolio/ commercial way sooner? If so are you still buying 1-4 units or larger? Seems like less restrictions and easier to scale on the portfolio loan side. Appreciate any thoughts.