How to jump from first property to the next.

[Kevin Sullivan]

Hello everyone:

I purchased my first income property in April of this year.  It is an owner occupy double.  I put 3.5% down with an fha loan.  If I wasn't occupying, I would clear approx. $375/month after mort., taxes, and expenses.  My question is, how do I go about increasing my portfolio?  I admit, I am a little anxious to acquire more property, and the main issue is capital.  I am currently saving approx. 1k a month for my next house but I know I would need at least 20% down to do so, so this will be a long process.  Although I purchased my first property, I continue to look and have been seeing many properties I would like to buy if I had enough money to do so. 

Any of you out there seek other means beside waiting around and re-accumulating cash slowly?  Is there anything I can do besides waiting around to refill my nest egg?