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Updated about 7 years ago,
Used savings for first investment....But how do I️ buy second?
Hi everyone,
New to the investment game and am looking for some great advice. I️ have not made my first purchase but am saving for that purchase. I’m thinking of my future and am not wanting to stop after just one investment. But I️ can’t seem to wrap my head around purchasing a second investment after I️ just used all my saving for my first investment. This is assuming I’m buying a multi-family that doesn’t need fixing up and I’m wanting to sit on and collect the passive income. Saving that 20% down payment for each purchase takes time and I’m looking for an easier way to add more property to my portfolio without going years in between purchases. Thanks everyone :)