Here's where I am on myrental property journey

[Steve S.]

I have acquired 2 SFH

Both cash flow at least 10% cash on cash roi 

1 loan at 3.75. Another 4.125. Both 30 year

Each one required about $35,000 due at closing (including closing costs) for 25% down

Put about $5,000 into each

What should I be doing different?

How do I reduce down payment to reduce up front costs?

[Steve Vaughan]

Originally posted by @Steve S.:

Wouldn't that cost about $5,000 to get to that money?

 Yes!  Maybe a bit less, but yes.

The refi till you die folks never seem to mention it costs them 40% of the cash they get out to get it out.  "I'm pulling out $10k to fund my next DP.  This really works!"  Too bad it costed $4k and a ton of pain and suffering to get the $10k.

Save and grow organically.  Build true wealth for yourself, not the bank!