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Updated almost 10 years ago,
Want to get into 2 properties this year
So since I am self employed and wrote off a lot on my taxes.. I am only able to be lent about 104k
I'm looking at properties that are 100-130k
I have 26k saved
Rents should come in around 900-1100
Taxes around 900-1100.
How do I get into a second property this year?
A friend said he is going to gift me 10-20k for this.
I could probably pay enough to get to 50 equality in my first property and then leverage it?
Thoughts?