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Updated almost 6 years ago,

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How to purchase my second property?

Alexander Chavez
Posted

Hello everyone, I'm wondering if anyone has any tips on purchasing my second property. I purchased my first duplex with a FHA loan for $136,000. I was approved for $200,000. I hired a property manager and now have tenants who are renting my downstairs unit for $1100. My mortgage is around $1000. I live in Grand Rapids, MI. and I purchased the property about 60 miles from where I work and live. Any Tips on what direction I should go or the time period I have to wait?

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