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Updated almost 10 years ago on . Most recent reply
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Looking for Creative investment tips to grow
My wife and I started looking into investment properties about 6 months ago and pulled the trigger on a multi family duplex a month ago, we have one side rented out post reno (3 Weeks after we closed) and will have the other side rented out in early March.
We went thru a bank, put 25% down for our first one. We would like to grow to 10 properties and focus on duplexes. We have a goal to get 5 (10 doors) in 12 months so my wife can stay home and raise our kiddos and eventually We could both do this full time however I'm interested in other ways to achieve this aside from the 25% down conventional model as our capital is limited and even grow faster, could we double our number?? Could we reduce our capital needed for those 5+ properties?
So I know we could do seller financed and investor capital, but info on these is scarce and am looking for advice - my question is - how do we get moving in that direction??
Appreciate the tips and advice.
Josh and Ash