best way to continue to aquire property?

How do you accumulate vast numbers of properties if L/O purchasing is not the norm in your area? IF I have $12k I put 10% down on prop buying for 20k and it costs a total of $3k out of pocket and Im making $200 a month + cashflow , thats great :now I do this 3 more times . I now have $0k left .How do you continue without continually needing upfront cash ?100% financing doesnt seem to offer enough room for + cashflow.L/O purchases are few and faaaaaaaaaar between. Any thoughts?

Well, if you make $200/mo per property and own 4 that’s $800/mo. I’m guessing you are triple net leasing so you don’t have any unexpected costs? Every 4 months you’ll have $3,200 to put down on the next one. Then you save that $3k down for the next one even faster. You do need some reserves, but investors vary on the amount of risk they are willing to take on that.

You can look at Reply #5 on this link to see how I do it:

http://www.reiclub.com/forums/index.php?board=22;action=display;threadid=12006

Best of luck to you.

Da Wiz