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Updated 4 days ago, 12/30/2024
Seeking Strategies to scale up
I'm under contract with my latest flip, the proceeds of which will pay off the heloc that I use to buy and rehab properties. My biggest problem is contractors who can't keep a timeline, and that's really slowing me down. So I'd like to hear your strategies on the best ways (safer ways?) to get more than one - or even more than two? - properties going at a time as a sort of hedge against 1 contractor holding me back on 1 property rehab. It seems like it would be great to flip one property while planning on getting another one ready to add to my rental holdings. Because cashing out properties now takes 12 months on title, brrrring has gotten a lot slower for me. Should I just DSCR my way into two properties? Thanks for your thoughts. Please, no solicitations.