Optimal use of $850k line of credit to purchase homes

[Jerry L Watson]

Does anyone have a proven strategy on how to utilize $850k line of credit to purchase homes that will provide both profit and cash flow within 1 year? This is for a 2-person small real estate acquisitions and investing company.

[Chris Mason]

Originally posted by @Jerry L Watson:

Does anyone have a proven strategy on how to utilize $850k line of credit to purchase homes that will provide both profit and cash flow within 1 year? This is for a 2-person small real estate acquisitions and investing company.

 Cash buyers get their pick of the litter of homes and the cash buyer's discount. So, buy homes cash. Fix up as needed and throw tenants in. Then slap a mortgage on what you just purchased to pay the line of credit back down, and buy the next one on the line of credit again. Recycle that same $850k over and over again.