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Updated about 6 years ago on . Most recent reply

User Stats

16
Posts
5
Votes
Christian J Ramirez
  • Realtor
  • Colton, CA
5
Votes |
16
Posts

Buying 2 Neighboring Properties at ONCE

Christian J Ramirez
  • Realtor
  • Colton, CA
Posted

I found a great deal, cash flowing for $800-900/month. But then I found out the seller has another property for sale ACROSS THE STREET! That home would cash flow $1000-1100/month. 

How do I purchase both without freaking out the banks/lenders and losing the deal due to time with the first home? I was thinking conventional loan at 5% down on the first home and hard-money on the second right after closing the first.

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