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Updated over 2 years ago,

User Stats

25
Posts
9
Votes
Kerry Pangan
  • Rental Property Investor
  • Grand Rapids, MI
9
Votes |
25
Posts

Best way to acquire 2nd property?

Kerry Pangan
  • Rental Property Investor
  • Grand Rapids, MI
Posted

I just purchased my 1st duplex in January. Renovated and tenants area now paying 100% off the mortgage. 

What is the best way to acquire a 2nd rental property? I've already used my FHA so I'm thinking conventional 20% down?


Which route do I go to fund it? I’m starting to work more hours at my job to save 40k-50k. It’s not going to be easy but if there’s other routes to achieve capital too that’s easier I’m willing to hear it. 

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