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Updated about 6 years ago,

User Stats

44
Posts
31
Votes
Philip McCleary
  • Rental Property Investor
  • Houston, TX
31
Votes |
44
Posts

Using leverage /collateral to grow

Philip McCleary
  • Rental Property Investor
  • Houston, TX
Posted

So BP I have a question for you. I will not give all the details but my portfolio of investment SF properties is currently sitting at 3.3Mil with loans on those properties at 1.9Mil. By the end of 2019 I am expecting the numbers to be 5.1Mil / 3.2Mil.

i will continue secure more assets for 4 years then I will stop and pay down the loans, my end game is to secure a large 30-40Mil apartment unit complex.

Question: is there a way to use my existing Portfolio of SF assets as leverage/collateral to secure a large finance partner to maybe get me into that larger MF sooner?

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