All Forum Posts by: Brandon Morgan

 makes sense. most of the profit is going to come from equity. I have spoken to investors that have been investing for 10 years or so and have like 30 properties. I am guessing they were able to buy multiple properties in a year after they started seeing some profit from selling or refinancing homes they already had. I guess it will take some time to get to that point. if I save however in a year I should have enough money again to buy something in a year and get money from refinancing the home I have now. 

 True, I guess rushing too much isn't necessary. It will take near a year to have enough money again. I guess that's fine. But I feel I see some people grow rather rapidly. wasn't sure if they were using some sort of other method to get ahead. 

Hi all, So I just bought my first investment property in PA in the Scranton area a few months ago! I just got my first renters and I am finally in full tilt! now that my first property is running smoothly I have been thinking of starting to look for my second one once my funds are in order. How long should I wait until I buy the second property? how long does it usually take? i used FHA for the first property so it may take me much longer to have enough money to buy the second since it wont be FHA but I don't want to wait several years. are there any other strategies to buy properties quicker or do I Simply just have to wait until I have enough cash? open to any suggestions or past experiences.