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Updated about 5 years ago,
Growing your real estate portfolio?
I've read numerous postings on here on how certain individuals have grown their portfolio to 20, 50, 100, and some over a 1,000 apartments. It would be nice to find out how folks have been accomplished that. On a personal level I have reached 6, but almost feel like I'll be tapped out of cash after another one I plan to purchase. The current properties I have produce decent cash flow, but really have to wait 12-months to use that cash to buy another. Most banks require 25% down on investment properties, and around here the condo/apartment properties are typically $150-$250k range.
Using hard money lenders wouldn't make sense for buy and hold for rental purposes, and traditional banks require the above mentioned equity on investment properties. I also don't have any big investors that could support me. What other options are out there?
Appreciate the feedback.