Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

67
Posts
35
Votes
Hernell D.
  • Rental Property Investor
  • Los Angeles, CA
35
Votes |
67
Posts

How to get from deal one to deal two

Hernell D.
  • Rental Property Investor
  • Los Angeles, CA
Posted
Hey guys! I'm going to be buying my first property, a triplex or fourplex, in the upcoming months and I want to make sure this deal doesn't stifle me in anyway and I'm able to make subsequent deals. A little background. I'm 25 make 50k and my property will cost around 350k and cash flow about $1000/month. My question is will debt to income ratio hinder me from making a subsequent property purchase. I want to buy another triplex in the following year. I want to make the correct first move in order to set up my real estate investment career. Any advice or suggestion would be greatly appreciated.

Loading replies...