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Updated almost 4 years ago,
How do you finance multiple investment properties
Hi - As I explore REI investing in couple of markets for renting out (buy and hold) on cash flow, wanted to get some ideas on financing.
I assume some of the seasoned REI veterans here buy/close cash deals but what do others do? I read few threads where folks were discussing having 3 or 4 rental properties and going on #5.
How do you manage financing multiple properties?
1. Is it advisable to get multiple mortgage loans in a short span of time (assuming your credit and income can
2. Is there a way to get one big loan from some lender to finance all of your properties post aquisition - like a refinance under one loan
3. Or is there simply a different way to go about this?
Would love to hear financing strategies from folks who don't put all cash but manage multiple properties in multiple cities across the country.
Thanks!