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Updated over 4 years ago, 05/06/2020
Financing Options for Max # of Properties
Team,
I'm not sure how to ask this in one concise question so I may potentially have several follow up questions based on responses.
Considering I have $20k-$30k to start investing in real estate. The goal is to invest in as many properties as possible to build a portfolio to generate cash flows into the future (I realize I'm preaching to the choir here). I can't invest in rehab properties considering I'm dislocated from the area I would like to invest in. I am currently in Abilene, TX (military) looking to invest in my home town of Amarillo, TX. Therefore, and I realize that I am probably naive here, I would simply be buying investment properties and turning right around and renting them out. What are my options to start purchasing as many properties as possible as quickly as possible? Am I simply relegated to using conventional loans, recouping my initial investment 4 to 5 years down the road, buying another one, and continuing to operate on that sort of a cycle?
Thank you in advance for your time, attention, and information in advance.