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Updated almost 5 years ago on . Most recent reply

User Stats

168
Posts
38
Votes
Marty Summers
  • Bradenton, FL
38
Votes |
168
Posts

I want to bet big-time

Marty Summers
  • Bradenton, FL
Posted

We have 8 rentals in Southern, In area. Been buying these wholesale, rehabbing and having forced appreciation of about 15-20k per home.

Will have 7200 in gross cashflow with a very small LTV 30% or less. Been at this for 2.5 years...going for cash-flow of course.

Is there anyone out there remember these days of 7-8 properties and how long before I'm at 10-20k + per month??

Please share how you made the snowball really big??

Thanks

-Marty

Most Popular Reply

User Stats

909
Posts
1,612
Votes
Avery Carl
  • Real Estate Agent
  • USA
1,612
Votes |
909
Posts
Avery Carl
  • Real Estate Agent
  • USA
Replied

Just keep snowballing that income and equity into more down payments. Just keep putting one foot in front of the other and you will reach and exceed that goal before you know it.

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