That may not apply to you, as a financial professional, but I thought I would share the story.Obiously you could re-lever your portfolio to bring the ROE back up, but then you have to place those borrowed funds somewhere that nets a high enough return that the portfolio is ahead, given the drag of the interest and any transaction fees.    

I currently invest and own a rental portfolio and also assist investors building their portfolios in Memphis TN, so let me know if I can help you here!

Unfortunately, while there are other methods to acquire investment properties, the reality is you need cash and reserves to plan and set up your investment portfolio accordingly. 

If a HELOC isn't an option due to Texas laws, you could consider a cash-out refinance with another property or a portfolio loan, even if you want to keep your current rate.

I buy and hold and do short term rentals and mid term rentals.Located in Racine Wisconsin  @Gabriel Williams Congrats on your portfolio.

We specialize in managing single-family and multi-family homes, with a portfolio that includes properties in the Indianapolis market.

Hi Anthony, it sounds like you’re in a good position to start building your STR portfolio, especially with no debt, great credit, and rent-free living!

You have built a very good portfolio, congratulations! 

I started with a house hack then purchased my own rentals/BRRRRs and now I own a successful 7-figure rental portfolio.

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.