Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago,

User Stats

53
Posts
27
Votes
Loubert Antoine
Pro Member
  • Bridgeport, CT
27
Votes |
53
Posts

I'm looking to buy a second rental property

Loubert Antoine
Pro Member
  • Bridgeport, CT
Posted

Hello BP

I recently purpased a dupex in Bridgeport, CT with 10% down conventional loan on December 13th last year.  I rented the 2nd and 3rd flood combo units to a section 8 tenant while I live in the first floor with my girlfriend (house hacking). So far I'm living for free and still cash flowing around $200 a month.  I have a Job making 60k a year and 750 credit score.  I'm looking to buy another multi family withing this year.  I have chase bank and it requires me to stay in my current house for a least one year before I can move out.  I also have 75k in my 401k if needs be.  I did take 10k from my 401k for my first purchase so taking more money from it would be a bigger penalty.   Any ideas BP family?

Thank you

  • Loubert Antoine
  • Loading replies...