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All Forum Posts by: Anshul Pandey

Anshul Pandey has started 2 posts and replied 3 times.

Hello all,

I am aware of how one can quickly scale the number of rental units, with 5% down on 2-4 unit property, get lower rate due to it being your primary residence and then repeat every year.

So let's say I start with 250K in cash and buy 1 million $$ 4 unit property every year with 50K down and end up with 20 units at the end of 5 years (Assuming everything else as constant, will come back to this later). 

But I can't do that since I have a family with kids going to school and can't afford to move every year. So what I end up doing is to buy 4 units as investment property and pay 25% down and higher interest.
So in the example above, I use all of my 250K cash to buy just 4 units and that's it.

I am a bit late to the real estate investing, but what is the best way to scale to owning more rental units and not putting 25% each time (and by not buying properties all over the country).

I am based in Seattle, WA. 

This is great info and this is the reason I love this community. 

Other important factor that I did not mention was lower property taxes. I have not explored KC before, so I will check that out. But taxes was the reason I did not explore TX but am actually very interested in NV, either LV or Reno. I haven't done too much research for both of these areas nor have I visited these places before (I know :)) 

Ohio is definitely interesting. 

I started last year and I have 5 units in Phoenix area and couple of primary (bought in 2014) and secondary home (bought in 2021) in Seattle which is where I am based. Phoenix is getting more and more expensive and numbers aren't working very well there anymore. 

What state should I consider and explore? 

Investment goal: 50 Units by 2025 

Primary goal: Cash flow

Looking for about ~200 per door. 

Any pointers would be super helpful.