How did you get to 50 units

[Julian Hendrix]

Is there must be something that I am missing, but from what I read you can only hold 4 or so refi building at a time so how do I use the BRRRR method to get to 50 units?

[Jill F.]

When my latest deal closes, I will have 49 doors (with 6 mortgages). For bigger properties or groups of properties you can use commercial financing-- you have to put more down (usually 25%), the interest rates are higher (by about 1-2%), and terms are shorter (20 years is common). Once you have 12 or so units purchased with residential financing it will only take a few years in a stable (slowly appreciating market) (probably 2-5) to pay down the mortgages sufficiently to cross collaterazlize of cash out refi those units for another group of units. It is my understanding that a married couple can buy up to 20 four units with residential financing-- but I'm no expert, that path is not open to us because we don't have w-2 income.

Oh wait if I count my own house I will have 50 doors. yay.