Looking to grow in Middle Tennessee
Hello everyone! I have been lurking on this awesome site for a while and finally decided to take a moment to sign up.
My name is Lisa Green. My husband and I have been buy-and-hold investors for about 10 years, and we currently have 16 single-family rentals in Middle Tennessee. We both have day jobs unrelated to real estate.
We'd like to at least double our real estate holdings and are talking about whether to continue with more SFRs or start looking at multifamily. Financing is of course an issue - we had accumulated more than 10 mortgages before the limit even existed. Our three most recent purchases have been cash, but that's a slow way to grow. I've been talking to lenders this week, trying to learn more about our options.
I'm looking forward to learning from all of you and welcome any suggestions you may have. For those who have been in a similar situation to ours - what was your next step?