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Updated over 7 years ago on . Most recent reply

User Stats

62
Posts
2
Votes
Thomas Haskell
  • Real Estate Investor
  • Summerville, SC
2
Votes |
62
Posts

HOW CAN I BUY MORE HOMES ?

Thomas Haskell
  • Real Estate Investor
  • Summerville, SC
Posted

ok mentors & guru's here is my question to EVERYONE i just aquired 5 brand new homes in summerville SC (cane bay plantation) from lennar . 1 will be my home & the 4 others will be for investment. all 5 are sfh 4br 3.5 ba. the prices are a avg of $203,0000.00 i am puting down 25% on all of them my credit is good & income also. my question is once i settle in after lets say 3-6 months how can i aquire more homes? most of my $ are going to these 5 homes. programs, tips & tricks , Leverage, etc i want to continue to aquire as many homes as i can get. please advise :)

Most Popular Reply

Account Closed
  • Investor
  • San Francisco, CA
203
Votes |
577
Posts
Account Closed
  • Investor
  • San Francisco, CA
Replied

@Thomas Haskell 

Also, you're asking the wrong question. Quality of investments is more important than quantity.  Would you rather own 10 non-cash flowing properties or 1 that cash flows $1,000 a month?

I'd take the second. I do not invest for appreciation alone. That's speculative.

Cash flow is usually more assured.

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