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Updated over 8 years ago on . Most recent reply

How to get from deal one to deal two
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.