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Updated almost 10 years ago on . Most recent reply

User Stats

136
Posts
34
Votes
Clifton Kaderli
  • Residential Real Estate Broker
  • Winchester, VA
34
Votes |
136
Posts

Best scenario to leverage a family property

Clifton Kaderli
  • Residential Real Estate Broker
  • Winchester, VA
Posted

I am a real estate broker and investor.  My family has a commercial between San Antonio and Austin, TX.  We are now wanting to leverage the asset to expand wealth and acquire additional assets.  Our current strategy is to borrow against the asset, then use that cash to buy flips, rentals, and homesteads.  I am wanting to discern the best strategy.  I also want to find the best resources for private lenders.  We are wanting to borrow from private lenders to acquire flips.  They would be in first position.  We would use our cash for the rest.  I am new to the forum and am not sure when/how best to share details of a deal like this.  Thoughts?

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