I would forget about growing the portfolio and generational wealth until your husband finds a job and you reduce your credit card debt.Credit card debt has interest rates above 20%, there is a strong case that your rentals are not generating a 20% return.

I was seriously contemplating moving a large share of my investment portfolio into “passive” type investments, where I left the management of the investment up to someone else.  

We actually started when we bought a property to buy and hold but it ended up not being a good fit for our portfolio so we sold it.

One day, I would like to syndicate a deal amongst people I know very well to kickstart my RE portfolio as well as provide them with great returns.

Now I plan to build a real estimate investment portfolio focusing on a buy and hold strategy (BRRRR) through multifamily properties surrounding the Snohomish County and Everett area (north of Seattle).

Their promise to package your properties into a commercial loan after reaching 5 properties could free up your DTI and provide a line of credit for scaling.Consider delaying aggressive HELOC repayment to preserve cash for new purchases, and explore portfolio loans or DSCR loans as alternatives.

You as the creditor are collateralized by said portfolio now in the trust.

When I have seen this done or done this for clients, the properties being crossed are generally refinanced into the same loan, replacing your first lien (blanket/portfolio loan).

The lessons you’ve learned from the past will definitely be an asset as you work toward building that $3 million rental portfolio.

Hi everyone,My name is Ohad Gincel, and I’m a real estate investor based in Israel, looking to expand my portfolio in Pittsburgh, PA, together with my wife, Naomi.