Mortgage Brokers & Lenders
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 4 years ago,
Buying two properties at the same time/back to back perhaps?
Hello BP community!
I am excited to share that we are currently in escrow for our first property and in hold for the second one but, due to my low income seems challenging to qualify for it. The 1st property is as residential, 20% down, second as an investment property but I can’t qualify by myself due to my low income, I have enough for the second property down payment. Can I bring in a partner for the second one and how the lay out should be? I have a few relatives that are willing to partnership but, I don’t they have any way to show reserves/money for down payment.
Any advised would be greatly appreciate it and, by the way I open for partnerships :)