Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 6 years ago, 11/14/2018
Strategies For Purchasing Additional Properties Quickly?
I just purchased my first property in August of this year (2018), and I love it. Being new to this, what are some known strategies that people use to purchase a second, third, fourth property quickly [within a couple of years] opposed to waiting for that single property to bring in enough income to afford the next purchase? I still have cash in the bank, but not enough to dish out another $30K in more downpayments & closing costs without going house poor. At 40 years old, ideally my goal is have 10 properties (or 20 units) within 10 years.