REI Wealth Monthly Issue 6 | Page 6

HOW TO BUILD A PORTFOLIO OF RENTALS WITHOUT NEEDING A BANK JIM INGERSOLL uilding a portfolio of rentals is the single biggest wealth creating opportunity of our lifetime. Investors who rely on bank financing are struggling and failing, while those who have figured out a way to eliminate banks from their investing equation are succeeding massively! There are a lot of elements of investing that must be completed correctly in order to create cash flow and longterm wealth. The good news is, real estate is still on-sale and widely available. In many markets, investors can buy rental property for less then the price of a new car. But, even the price of a new car still takes a lot of capital to acquire, so the key to investing remains finding the best way to leverage real estate acquisitions without using your own money. Investors who learn to buy with OPM (Other People’s Money), can buy houses without the hassle of needing to get a bank mortgage.