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Updated over 8 years ago,

User Stats

6
Posts
1
Votes
Matt Virnau
  • Rental Property Investor
  • Navarre, FL
1
Votes |
6
Posts

How to get the most out of my money?

Matt Virnau
  • Rental Property Investor
  • Navarre, FL
Posted

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!

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