All Forum Posts by: Darren Eads

@Sam Levin I have not. However, for nothing I have found why I shouldn't, just that I'm moving forward on more hands-on Syndication. Keep me posted if you do dive-in though. I plan to keep my eye on it. 

@Thomas Geary Thanks for your input. I have a couple single family rental homes, but looking to expedite the process (grow quicker). The banks/finance is of course is what is holding me back. Looking to see if I’m missing any angles or not. Yes, looking at multi family. Thx!

Best way to grow portfolio financially is?

Is it:

1) 20% Down on 1st Property

2) Renovate

3) Reappraise Property (pull excess cash out, for next purchase down payment)

4) Save profit cash flow towards down payment for next purchase.

Other ideas?

I’ve been renting single family homes for years. Now, looking to jump into it more directly, more focused, more accelerated. Have a team in place, which will need to be expanded with growth.

Through research, there’s those who say to stay within 1-4 units (residential) and there’s those who are suggesting to skip it and move to 5-20 unit apartments. Start on the lower end and move to more unit buildings. Basically residential or commercial.

Yes, the goal is to accelerate the units quicker, but I do know the other pitfalls of moving into the commercial side, especially with financing.

Initial thoughts...?

I'm doing the same research and finding the same thing. Hmmm...