How to Acquire more Properties?

[Bil Casimir]

I am purchasing a town house, foreclosure move in ready condition. After running the number I show $200 per month cash flow. I calculated all monthly expenses such as taxes, monthly maintenance fee and still come out positive cash flow. My question is after I close on the property with 20% down 15,000 down with 4% percent financing, how do acquire more properties since I just spent 15,000 down? Do I refinance a year later and cash out? is there another strategy?