Scaling (getting more units) in a moderately expensive market?

[Richard Burke]

I think i'm missing something in the REI mindset/ path...

If your first duplex is 500k how do you then get another property? Do you just keep counting your pennies until you have another 20% saved (10-15 years later...)

Generically speaking, duplexes are about 500k, cap rates are 8% (according to the "always honest" listing agents)

Do you sell your soul to get a ''no money down'' loan on another property?

Can I leverage my leveraged property? (isn't that how the stock market crashed in '07?)

Can anyone elaborate?

Is this where people start getting creative with financing?

[Mike Dymski]

You are missing a key piece...BRRRR (buy, renovate, rent, refinance, repeat). Add value and then flip or refinance the property to get that added value out. You recycle the same down payment from the 1st property into subsequent properties. Real estate is too much work to not get outpaced returns.