Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
- Rental Property Investor
- Palm Beach County, FL
- 40
- Votes |
- 150
- Posts
Growing a portfolio
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