Start with one property first and then focus your efforts on that portfolio. Ensure you have sufficient capital and cash flow, so you can acquire your next property. Then, repeat.
A popular investor strategy entails using hard money loans and/or cash to complete renovations, followed by a refinance as a long-term rental to then take out your capital to keep growing.
Learn What to Consider When Refinancing Your Hard Money Loan
Tracy Gordon is my account executive and I must say that I have never met anyone that works harder to get loans closed then him.
He is thoughtful, creative and always willing to take my calls. He is extremely knowledgeable about Visio products and procedures which helps me and my team navigate our business smoother and more efficient.
Tracy at Visio Lending had to take over 19 properties for a client of mine after we were already well into escrow. He jumped on it and got approval, appraisals and title organized. We would not be able to have done this without him. He communicated the whole way through and was so efficient! I cannot give him enough praise. Great job Tracy and Visio Lending!!
Visio Lending and Tracy Gordon have been excellent partners and an important element for my rental portfolio.
They have a straight forward process with no hidden surprises. I highly recommend them if you want to grown your residential rental portfolio.
Visio Lending is the nation's premier lender for buy and hold investors offering, long-term loans for SFR and commercial rental properties, including vacation rentals.