Looking to Purchase a Second Multi Family

[Lawrence Rutkowski]

Hello all,

I am a young investor who just purchased my first duplex roughly 4 months ago. I live in one half and the other half covers my mortgage, plus. So good start there.

I'm looking to buy a triplex or a quad next and I'm wondering what the best course of action regarding financing would be. I already used my FHA loan for my current property.

Is it possible to get a second mortgage with less than 20% down?

Any insight would be much appreciated.

LJ