Can’t seem to get enough for a down payment.

[Chad Chapman]

We already have one rental, was a house hack the I lived in for 15 years. It is now rented and going well. Rental is paid off, but I can't take any type of loan on the property. It was a inheritance and verbal agreement to never draw money from the property. We just can't seem to build our capital up to get in another rental property. There are some good deals in our area but need about 15-20k more than we have saved up. Do we just wait and let capital build from our current rental? I'm just at a fork in the road and need some direction. 
thanks. 

[Theresa Harris]

Others have already said some of this.  Work on looking at your finances-where can you cut expenses (where is your money going-fewer meals out, buy different foods, buy less), can you increase your income (eg work a second job)?  Are you renting now?  If so, why not buy another house with a rental suite-you can rent out part of the house and have a lower down payment (though you often pay a lot for mortgage insurance).

If the house was an inheritance, you should be clearing most of the rent-put that aside towards a new rental.  Also this time of year houses are selling pretty quickly.  Things slow down in the fall and winter and you might have less competition.