023 - I have a few properties, how do I get 10X more?
Oct 04, 2020•24 min
Episode description
Florida Tenant says: If I ask you come into my house in the middle of the night for no good reason, expect the unexpected!
Today's caller is Guisseppe who asks about his current portfolio that is "small" and at 67% LTV. What is the best way to get to get it from 10 to 100?
- Tony says: larger unit count deals are a fast way to grow your portfolio.
- Tony thinks you need more equity to consider a refinance (he likes 50%). At most you'll get 80% LTV.
- Partnerships/private debt. The best debt you'll find is through your network. You have 10 units done. So you have enough of a track record to offer people an opportunity for 8% on their money.