Building a rental portfolio is a rather slow and, oftentimes, a boring process at first. We have to save up enough money to put 20 percent down on each new property we buy, and that takes time, especially when we’re dealing with larger new construction properties. Coming up with our down payments becomes easier over time as we build equity in our first properties. We can tap into that equity to turn one property into two or three with no extra money out of pocket.
