If your properties are generating solid cash flow or have appreciated significantly, you might be following a “smart leverage” strategy, à la Grant Cardone.

I also work with a team that helps cash buyers execute the BRRRR strategy or build rental portfolios, making it as seamless as possible for out-of-state investors.Best of luck, and let me know if you have any specific questions!

It’s fantastic that you’re diving into real estate investing.. especially multifamily properties, which can be a powerful way to build wealth and generate consistent cash flow.

I have construction loan on the current house I'm building and used similar strategy (land was purchased outright and used to cover majority of the down payment).

Quote from @Chris Seveney: For those experienced in private lending: This question was posed to me in my membership group from an investor:What strategies have been most effective for scaling your loan volume to $5M+ per month?

Have a clear understanding of your expected cash flow, ROI, and exit strategy.

The free marketing is not effective in a competitive market neither is the marketing strategy.

While your condo snowball strategy builds equity, modest cash flow and HOA fees may limit returns.

The seller would use this strategy when they don't have a lot of equity in the house.

Then, when you have a better grip on the neighborhoods and strategies that make sense, you can buy.