How to approach/finance a second property after recent purchase?

[Jaleel Phillips]

Hello all,
I am 21 years old not making too much, and I am looking to get my second property, but not sure how to go about it. I know the obvious answer would be to wait it out, possibly HELOC my primary property and then use that as investing capital but I want to see if I can get started without my equity being touched as of yet. How would you go about acquisitioning your second property with no cash, and the recent purchase of your first property?

[Adrian Birchler]

I'm looking at BRRRR because I don't want to wait to grow my portfolio, so it's really the only option I see outside of partnerships (also pursuing). If you're looking for insight on your first strictly investment property I wouldn't waste my time with wholesalers. I'd go straight to someone in your market who is BRRRR investing or simply purchasing investment properties and start there. Wholesalers are the last piece to add to the team in my opinion. They're added after you have a team in place and are actually ready to close on a deal all-cash. I've had surprisingly good luck finding local BRRRR investors willing to meet for coffee and network so highly recommend reaching out to local investors through BP, facebook groups, etc. Pro tip: look for investors that are only one or two steps ahead of you as they're more likely to be willing to meet and there's a better opportunity for partnerships rather than meeting with investors with 50+ units with systems in place and not a ton of time to meet. Hope this helps! @Jaleel Phillips