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Updated over 9 years ago on . Most recent reply

User Stats

28
Posts
7
Votes
Trey Read
  • Newark, OH
7
Votes |
28
Posts

2016 Goals.

Trey Read
  • Newark, OH
Posted
As the years begins I have made (what I presume to be) a solid plan to get started. I graduate college and start my full time job in a few months and I anticipate moving out of my parents after buying and rehabbing a duplex/triplex in the Columbus, OH area. In my 2016, one of my goals is "have 2 occupied rental properties before 2017". I like big goals. And I think for only having a full time job 6/12 months in 2016 this is a pretty big goal for me. So my question. Assuming I acquire a duplex and I owner occupy, how would most go about financing another property? Refinance?... (but what if I don't get enough cash on the refinance?). Just curious what approach someone who's been through this before was. Thanks! Happy new year!

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