Investor · Pawtucket, RI · Member since 2016 · 58 posts · 20 votes
Hi guys,
So 6 months ago I closed on my first investment property! I have managed it well. By September I will have strong rents and most of the shortcut fixes made by the prior property management company will be addressed. I'm ready to start making a strategy for another one. I've been reading and trying to find a way to use my successful property to buy another one. Any strategies from personal experience?
Real Estate Agent · Plano, TX · Member since 2013 · 106 posts · 54 votes
9y
The hard way. Saving up money to buy the next property but the working capital required will be shorter since you'll have rent from your first property.
The hard way. Saving up money to buy the next property but the working capital required will be shorter since you'll have rent from your first property.
I don't mind the hard way. Just was hoping there are other creative ways to get into the second deal. Which I know there are just want to pick one and focus in on it.