Finance Strategies to Add Properties

[Jerry Ellis]

I’m sure the question is on the forum somewhere but I’m unable to find it.

I understand the idea of flipping a house by taking something in need of repair, updating, etc. performing that work, and by doing that adding value that can be realized at sale. And then there is the BRRRR strategy where instead of selling to get the added value one refinances with the bank retains the difference.

My goal is to supplement my retirement with income from rentals. So naturally, I need to create a portfolio income producing properties. With a buy and hold strategy, how do I come up with the down payment money add properties? The only thing I can think of is to refinance and roll that money into the next which is of course is the BRRRR strategy.

Is there another way? Am I missing something here?

~ Jerry