I remember visiting a buddy’s place in Austin years back..he had a similar setup over his detached garage and was convinced that adding a window unit and some carpet would let him count that space towards the home’s total square footage.

For average investors without large amounts of capital to deploy this is a common approach to growing a portfolio.

The beauty is, you can rinse and repeat, moving your equity up the ladder of properties, from a small duplex in Austin to a bigger aprtment complex in San Antonio, or even pivot into a promising commercial spot right here in the Phoenix area.I remember a friend of mine who started off nervous as heck about his first exchange.

If Denver’s appreciation is still strong, borrowing might keep you growing while holding onto a great asset!

As we seek to grow as professional investors we are sincerely interested in building our network. 

I look forward to helping others achieve their real estate dreams while continuing to grow as an investor myself.Eric Welcome back to BP Eric and congrats on your growth!

I also use business lines of credit from banks, but for this banks definitely want to see revenue (usually 5-10x the amount of a mine they will give you).It is important to remember though that just because these lines and CCs are not immediately reported on your personal credit report, if you miss payments or default you are personally liable and the debtors will add it to your personal credit report.

I’m excited to be part of the community and looking forward to learning and growing with everyone.

Goals and Strategy (Feedback Needed):• Immediate Goal: Move out of our current townhouse to a larger single-family home (SFH) for our growing family (new baby and a big dog).• Our strategy: Buy a fixer-upper SFH in a “B” neighborhood, ideally with ADU (accessory dwelling unit) potential.

I am looking to keep growing, making myself better as well as other people.