What if the reason you’re stuck at one or two rentals is that you keep using your own cash? Most investors think they need to save more money before they can scale. Bigger down payments. Bigger reserves. Bigger bank account. But what if that mindset is actually the thing slowing you down?

In this episode, Rich breaks down the exact strategy he used to buy his first 30 rental properties, without using a single dollar of his own money. No gimmicks. No hype. Just borrowing money the right way, renovating smart, refinancing out, and keeping your capital safe. He walks through the numbers, the real cost of interest, and why worrying about rate differences can keep you stuck on the sidelines.

You’ll Learn How To:

• Buy rental properties with none of your own cash
• Use private money and hard money the right way
• Stop obsessing over interest rates that barely matter
• Reverse engineer deals based on refinance requirements
• Protect your cash so you never run out of capital

Who This Episode Is For:

• New investors who think they need big savings to start
• Landlords who feel capped because they keep putting 20% down
• Entrepreneurs who want to scale without draining their reserves
• Anyone serious about building a rental portfolio the smart way

Why You Should Listen:

The worst thing that can happen to a real estate investor isn’t paying 2% more in interest. It’s running out of cash. Rich shares why keeping access to capital is more important than shaving a few thousand dollars off an interest payment. He explains the real difference between 12% and 18% money, how to use local banks to refinance, and why borrowing, even when you have cash, is often the safer move. This episode isn’t about being flashy. It’s about being strategic.

What You’ll Learn in This Episode:

• [00:00] The simple mindset shift that unlocked 30 rentals
• [01:30] The buy, renovate, rent, refinance model explained
• [03:00] Private money vs. hard money, what really matters
• [05:00] Why the interest rate difference is smaller than you think
• [07:00] How local banks evaluate refinance deals
• [09:00] Reverse engineering your purchase price for zero cash in
• [10:00] Why you should avoid using your own money, even if you have it
• [11:30] The real danger of running out of capital

Follow Rich Lennon here:
Website: https://richlennon.com/
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Instagram: https://www.instagram.com/richlennon92/