How to get the most out of my money?

[Matt Virnau]

I'm new to real estate investing and was looking for some advice on how to get the most bang for my buck. My minimum goal is to buy 5 houses in the next 5 years. Option one is I take my money and use it as a down payment on a rental property, save up, and repeat. Option two is take my money open a line of credit use that to purchase rentals and then refinance and pay back the LOC and repeat. Looking for pros and cons of both from anyone with experience. I'm also open to any other suggestions that could work. Thanks!

[Darren Eady]

@Matt Virnau It sounds like you have cash to use and you could get more cash from a HELOC. I don't think these are mutually exclusive. I think it always a good idea to keep your options open. I would suggest getting a free line of credit on your home and keep it at a $0 balance until you need the funds. You only pay on the amount borrowed. In the meantime, start finding cash-flowing properties. I have a referral for you for stabilized performing rentals with @Chris Erwin