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Updated over 10 years ago on . Most recent reply

User Stats

89
Posts
21
Votes
Michael Ran
  • Wholesaler
  • Spring, TX
21
Votes |
89
Posts

?How do I keep growing after hitting debt limit? Calling a veterans!

Michael Ran
  • Wholesaler
  • Spring, TX
Posted

How do I keep growing after hitting debt limit? Calling a veterans!

I'm a young investor who owns 16 SF properties around Houston. I think I have hit my debt limit(atleast till I prove my self to the bank). I have about 150k in cash.

Now the question:

What do you think I should do to continue to growing?

This could also really help novices. I am sure every veteran investor has hit this wall before; and it's one of the least talked about things that everyone needs to know.

Most Popular Reply

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1,762
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1,299
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Eric M.
  • Flipper/Rehabber
  • Louisville, KY
1,299
Votes |
1,762
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Eric M.
  • Flipper/Rehabber
  • Louisville, KY
Replied

To me the answer seems joint venture partnerships.  Once established they provide cash to move quickly.  There is a bias against sharing profits among the small investors here on BP but to me that is short sighted.  Virtually every large investor in every area of investing got big using other people's money and keeping a smaller piece of a much larger pie.

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