how to scale faster

[Brandon Morgan]

hey guys I am new to real estate and I just got my first rental property this past year and have tenants and things are finally stable now. I was wondering how people managed to scale their businesses faster. I make a decent amount of money nearly from my W-2 (over 100k) but still not enough to easily buy another property this year especially if I have to put down 20%. I was debating if I should partner with a friend or family member who is willing to work on a property together. ill be sure to make sure things are done legally and fairly so no one get short sighted and things don't get messy. I was wondering how other people managed to start scaling their business faster. did you guys work with partners or do any deals? I am open to any past stories, recommendations or advice? my goal is to at least be able to buy one property a year. 

[Alex Horelick]

Quote from @Brandon Morgan:

hey guys I am new to real estate and I just got my first rental property this past year and have tenants and things are finally stable now. I was wondering how people managed to scale their businesses faster. I make a decent amount of money nearly from my W-2 (over 100k) but still not enough to easily buy another property this year especially if I have to put down 20%. I was debating if I should partner with a friend or family member who is willing to work on a property together. ill be sure to make sure things are done legally and fairly so no one get short sighted and things don't get messy. I was wondering how other people managed to start scaling their business faster. did you guys work with partners or do any deals? I am open to any past stories, recommendations or advice? my goal is to at least be able to buy one property a year. 

 Hey Brandon,

I had good success by getting equity lines on properties to access the cash to invest again. 20% is certainly not essential if you want to go lower there are many lending options for lower down payments, especially if you are willing to house hack! You can also do a 10% second home mortgage to buy another place and later turn it into a rental. If you want help I can certainly connect you to some good lenders to talk some options with you.