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Updated over 8 years ago,
Just starting out. My situation. Help!
I am a new investor in Portland, OR. I want to make flipping houses my primary source of income for my family. I am working on getting financing going. I want to be doing 2-3 houses at a time. I personally have 500k of my own cash ready to use anytime. I will need access to more money if I want to do multiple properties. I have excellent credit. What type of financing would be best for my situation to get at least get two or three houses going in the 250-300k range.
-Traditional mortgages?
-Line of Credit?
Other?
Any information would be much appreciated.
Thanks,
Neil