Inspiring interviews with today's top landlords.

This is the rental income podcast.

And now, Dan Lay.

Shea, there's a lot of different ways to finance rental properties.

How did you do it?

Hi, Dan.

Yes.

So I evolved in financing strategies over time.

I started out using the house hacking strategy. So that's where

you'll buy a multifamily property, live in one unit and rent the other unit out. And I did that

for about the first two to three years. Then I moved on to using traditional bank financing,

you know, putting between 20 and 25 percent down. And then after that, I got into using business credit where I would

purchase properties using my business credit line. I also got a home equity line of credit on my

personal residence. And I also got into hard money as well over time. So I've done a lot of

different financing strategies that I've learned a lot along the way. She's been pretty creative about finding the money to buy rental properties.

Basically, she's used different strategies at different times, doing whatever it takes to get the deal done.

And on the podcast today, we're going to walk through how she built her portfolio and talk about the different strategies that she's used on different deals.

One thing that I'm really curious about is the business line of credit.

I don't think we've had anyone on the podcast before that's used a business line of credit

to buy rental properties.

So on the podcast today, we're going to learn more about it, see how she got it, and how

that's been working out for her.

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