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Updated about 11 years ago,
Want to Reap Some Reward
Its been a tough 6 years since I started investing. I currently buy, rehab, and rent my properties all cash. My current rehab project will be about 8 months from start to finish. Some stopping due to vacancies, upgrades, and money.
Just getting everything striaghted out, past taxes, accountant, and some debt paid off. Want to continue to scale up to be able to buy a property with 3 to 4 months cash flow from rentals and rehab with in 3 months from cash flow.
Question is I want to be able to reap some rewards and spend, but want to speed up my REI growth can you do both? Only see this business really paying off by scaling up. Want another 2 rentals before spending because the items I want could be paid for with 2 months of income.