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Updated about 9 years ago on . Most recent reply
2016 Goals.
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!