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Updated over 7 years ago,

User Stats

150
Posts
40
Votes
Tarcizio Goncalves
Pro Member
  • Rental Property Investor
  • Palm Beach County, FL
40
Votes |
150
Posts

Growing a portfolio

Tarcizio Goncalves
Pro Member
  • Rental Property Investor
  • Palm Beach County, FL
Posted

Hi everyone,

I was fortunate enough to buy a foreclosure property in 2012 and then selling it 9 months ago and was able to make a decent amount of money. With the profits of the sale, I was able to put down 3.5% on an owner occupied 2-family home in a more affordable market.

Now I have this extra cash and want to make the most out of it while investing in Real Estate. During the podcasts, I hear the guests having some cash and they are capable of increasing their portfolio drastically. How can one like me increase my portfolio? I hear on the podcasts the concept of leveraging cash. I tried to understand this concept but I cannot. Any advice? What does leveraging cash mean?

How can one start to build their portfolio when one already has cash?

Thank you all

Tarcizio

  • Tarcizio Goncalves
  • Loading replies...