I need Investment Strategy advice please🙏🏼🙏🏼🙏🏼

[Christian Miranda]

Hello everyone who is reading this and thank you in advance for any advice you can give me. Ok so here it goes, let’s say that I will soon be able to invest about $40,000/year in Realestate. I’m interested in acquiring rental properties and I was wondering if I should buy a property, in the $250,000 range, and use the $40,000/year to eventually pay the property off then repeat or should I save those 40k every year as a down payment to get a hard money loan once a year and try to buy a new property every year or so? 

-Chris

[Joe Villeneuve]

Use the $40k for DP's.  Let the tenant pay it off for you.  That's free money.  Any money that comes out of your pocket directly is a cost to you.  Any money that comes from your tenant is free money.  Why would you spend money you don't have to?