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Updated over 5 years ago,

Tim P.'s profile image
Tim P.'s profile image
Tim P.
  • Rental Property Investor
  • from Bangor, ME (04402)
  • Member since Aug 23, 2017
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6
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1
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Tim P.'s profile image
Tim P.'s profile image
Tim P.
  • Rental Property Investor
  • from Bangor, ME (04402)
  • Member since Aug 23, 2017
Connect
Tim P.
  • Rental Property Investor
  • Bangor, ME (04402)
1
Votes |
6
Posts
Starting Out

Going from 1 property to 2

Tim P.
  • Rental Property Investor
  • Bangor, ME (04402)
Posted

Have 1 rental property (duplex) that is going fine for several years, but not sure how to acquire additional properties.

It wil be years before I can get a down payment so would be 100% finance with PMI. Banks require 15-20 yr term, so dont see cash flow on anything for sale with high monthly bill.

How can I make this jump?

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