Seeking Advice on my second rental.

[Trenton Custard]

I’m looking for some advice on my current property investment strategy. Here’s a quick overview of my situation:

• I purchased my first BRR rental property for $81,000.

• Recently, I completed the cash-out refinance and received $103,000 from the bank.

• I’m eyeing another property listed at $105,000. It doesn’t need any rehab and is probably worth around $130,000.

• I plan to put 20% down on this new property, which means I’ll be left with about $80,000 in cash after the purchase.

Given this scenario, I’m trying to decide whether to pay cash for the second property or continue with the 20% down strategy . My main concern is running out of funds too quickly. With my current cash reserve, I can probably get 3 or 4 more properties at 20% down before my funds are depleted.

What would you recommend?

1. Should I pay cash for the second property then cash out refi or stick with 20% down?

2. Are there any strategies to continue acquiring properties without running out of funds?

3. Any tips for managing cash flow and leveraging existing assets to keep growing my portfolio?

Thanks in advance for your insights!