Closest BRRRR Alternative for New Investor

[Greg Smith]

Hi, everyone. I'm looking to purchase my first rental property in a location that is a can't miss. The problem is that the price of the homes most in need of repair is beyond what I can afford to pay with cash. I'm guessing lots of you have found yourselves in markets that aren't necessarily BRRRR friendly anymore due to increased home values.

I'd really appreciate any advice about how to best set myself up on my initial purchase using a more traditional financing approach to be able to leverage that property going forward. 

I'd obviously like to own multiple homes, so my biggest fear is getting all of my money tied up in this property and having to wait 3-5 years to do the next deal.

How have you guys navigated this? Any advice?

Thanks in advance.