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Updated about 7 years ago,
Starting out with financing 5 - 10 in mind
Hello,
I currently live in the Portland Oregon area, and am planning to begin investing in out of state real estate in 2018. Knowing that I want to be able to scale the business beyond 4 mortgages, is there anything that you would recommend doing at the start, to structure the business in a way that will make it easier to obtain future financing?
Some of the advice that I have heard is to keep the properties in the same geographic area to make it easier to obtain portfolio financing. I am open to considering a lot of different regions, but are some better than others for obtaining financing? For example, if Memphis has a lot of turn key activity, is there also a banking / financing scene in that same geographic area that caters to the industry?
Thanks,
Josh