Hey y’all,

I’m a retail investor with 2 SFH rentals worth a combined ~$650k looking to utilize some of my stored equity to buy more out-of-state properties, but I’m not quite sure how best to proceed given that my...

Honestly, upgrading to a commercial-grade stackable setup like Speed Queen or Maytag might be your best bet.

For example you are putting in low grade laminate and all other listings are putting in high grade vinyl.

Start with 1 flip, exit successfully, then slowly scale.

While BRRRR works for scaling, explore turnkey rentals or creative financing in cash flow-heavy markets to accelerate growth.This post does not create a CPA-Client relationship.

Example - borrower uses loan to purchase a home in a B or C grade neighborhood for 380k, spends 50k rehabbing primary home, uses 200k to put an ADU in the back, appraisal comes back at 925k. 

How do you handle scaling once you get your first property – is it as daunting as it seems, or does it get easier?

It's a sliding scale but at about $12,500 of income for the year it scales up to 37%.

When you start to do a lot of projects, 50% is a lot of money to go out when you are scaling, finding deals, and doing all the other footwork.

For most, this isn't a realistic option so they update some of the most important regions themselves and copy the data from other providers where they don't have coverage.This is a big problem with these big consumer-grade real estate analytics platforms—you don't really know the source of that data, its frequency, etc.