How to leverage first property?

[Mike L.]

Hello everybody! New to BP and new to REI. I'm a complete newbie at this and decided to just dive head first into this intimidating market by purchasing my first investment property in Irvine, CA.
I'm going to receive little cash flow but I'm mainly in this for the long haul for appreciation and to reinvest using money from the property.

My question is: how does one leverage their first property to purchase more properties? (possibly in cheaper areas!!!) How soon should I refinance? What would my next steps be as a new investor?

Also, are there any OC investors willing to network and give me some advice? Please shoot me a message!