Low Income & 2 rentals - Need advice on next steps to invest in real estate

[Tiffany Da Silva]

Hello Everyone,

I currently have 2 rental properties averaging $3,300/month in cashflow. I have 1 mortgage in my name (about $1500/month). My income is on the lower side since I have declared smaller amounts since 2022. (I still haven't done my 2023 returns since this has been weighing the decision).

That being said, I have a goal to buy another investment property this year and possibly do the BRRR strategy or a flip to get more capital on hand. I currently have 30K cash from the cash out refi I did on another property as well that could serve as a DP.

I would love to hear thoughts on what the best course of action would be to get more cash flowing into the portfolio. I would like to possibly purchase a multiplex 2-4 units that is a proven winner when comparing costs to return. would this be ideal? if so, what would be the best way to get the money to fund this without having to do partnerships?