Closing Soon on First Duplex, How to Keep Going with No Money?

[Ben Walsh]

My husband and I are closing on our first duplex early July through bank financing. With that, we have used up our capital for the down payment and small rehabbing that needs to happen.  

Our overall strategy is buy and hold rentals in the Twin Cities area of MN, starting with small 2-4 unit buildings and then getting into the small apartment space. We do not want to have to wait to re-save up to keep making deals happen and so now we are wondering what the best next strategy is. Do we learn how to execute on a fix-and-flip to build up capital? Do we learn how to wholesale? Do we find a buy and hold deal and network to find someone who wants to partner on it? (Although in the Twin Cities MN area the buy and hold deals are very thin and hard to make a partnership work in our opinion).

I would really appreciate peoples feedback on this. As I said above, we do not want to slow down on account of not having the cash on hand for another 6-8 months. If your in the are, would love to connect, thanks in advance!