Hello from San Francisco

[Abraham Williams]

Hello Bigger Pockets People, I'm Abraham Williams and live in San Francisco. I started investing in single family homes (probably the last time I spell that out here) in 2007 and have properties in Denver, Oklahoma City, and Charlotte. These properties are doing great and came through working with Adiel Gorel's network. Of course, I'm looking to expand and want to move into multifamily properties. My goals are to have 100 multifamily units and 30 houses in 5 years. 

I'm very fortunate to own my house in San Francisco but am kept very busy with work at a mobile tech start up in Palo Alto.

I found out about Bigger Pockets from a friend and am looking to learn strategies for financing that I can apply to reach my goals. I'm also looking forward to meeting members here and sharing what I have learned. 

[Brie Schmidt]

@Abraham Williams

 - As J mentioned I have experience in both types of financing.  Recently I have had some interesting conversations with banks willing to offer us favorable terms on longer term notes.  My suggestion is to build up what you can with your W-2 income.  Once you have a decent net worth and experience commercial will be very easy.  Some road blocks you will face is that once you get past 4 financed properties (they can do up to 10) you can't cash out refi on any investment property, so if you plan is to pull equity out to grow I would do it before you hit that 5th.  Once you get close to the $2 million mark commercial will take it and loan on favorable terms.