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Updated over 2 years ago,
Strategy to Go from 2 to 4 unit
Hello,
I am a newbie investor (started last year) with only 2 STR properties (1 - 1/1 condo in Corpus Christi and 1 - 2/2 Cabin in Gatlinburg). I have used a good portion of my cash savings to arrange for a 20% down payment for these two deals. They are doing well but didn't generate as much cash flow that I can use for another down payment. The Mortgage Rate has also increased considerably during the last 12-15 months, so I am not super interested in the refi (I have 4.5% currently).
Are there any strategies that I can leverage to keep scaling without cash in hand? :)
Thank you in advance.
Regards,
KS.