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Updated over 6 years ago,

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3
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1
Votes
Joel Cruz
1
Votes |
3
Posts

Currently house hacking, how do I move to my next Multi family

Joel Cruz
Posted

Hello everyone! I want to thank everyone ahead of time for taking the time to respond my post. 

I am relatively new to bigger pockets.  I read a ton of content on the internet but this place is a one stop shop for information. I Found out about house hacking via bigger pockets... and boom 4 months later found a great cash flowing deal and now living rent free. 

The problem is that I think I reached a credit limit with just this one 3 unit property... how do I transition to the next multi family without some how doubling my income to qualify for more money?  I feel that there are several deals around I want to take advantage but I need the higher limit to get in on them. It's hard to sit and stare opportunity in the face. 

Am I being too impatient? Can any one share how they transitioned from a multi family FHA loan to their next property?

I appreciate any advice, thanks again for your time!

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