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Updated over 5 years ago on . Most recent reply
Financing ? We have 12 residential Mortgages
We have 12 residential mortgages. We want to scale to buy more properties or build. Trying to figure out the lending part and how to scale our portfolio. Open to ideas. How does everyone scale when they are at the residential max for lending?
Option 1. we have a 4 plex that we can build an additional duplex on, which would turn it to commercial.
Option 2. we have a SFR that is in sad shape, that we could tear down and build 2 duplexes on.
Most Popular Reply
Bill B.
#3 1031 Exchanges Contributor
#3 1031 Exchanges Contributor
- Investor
- Las Vegas, NV
1031 exchange 4-6 of them in to either bigger complexes or more expensive units.