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Updated over 3 years ago,
Looking to scale- Need advice!
Hello BP Fam! Typically not active in the forums but wanted to take an opportunity to reach out for all of your fantastic advice you guys usually give.
My wife, brother and I are really looking to scale with our RE investing. We combined have a W2 income of around 385k annually and have around 1 million worth of equity in our various properties that we can leverage. We typically focus on STR's in FL and SFH's in Texas for LTR.
To all those looking to scale, where would you go from here? Refi properties to purchase more? Heloc on properties to have a line of credit to use for down payments and closing costs? We’re really looking for advice on how to move quicker and smarter.
Our main goal is having enough cash flow to cover our lifestyle.
Appreciate all your advice in advance! Looking forward to connecting with y’all.
Lawrence