How Do I Build a Rental Property Portfolio

[Peter Padalino]

Morning all!!...ok so I've been on BP now for 6 months and seem to have missed something really basic. My wife and I are committed to the RE business, but one question keeps popping up. How do afford/qualify to build a rental portfolio? We have a mortgage on our own home have a decent 6 figure income and have been pre-qualified for a second home purchase, but pretty sure we wouldn't be able to get financing for another and another....Is it simply a matter of finding alternate means of financing for additional buy and hold properties? I'd love to get some advice.

Thanks.