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Updated over 5 years ago,
2 single family homes to purchase at 100K
Hi All, I have a question regarding which route to take. There are 2 SFH i would like to purchase for Short Term rentals. Both are priced at 100k Each. No major rehab just simple cosmetics needed. Do I purchase both with a regular mortgage at 20-25% down? or do I buy one cash, then refinance, then buy the other and continue? Will I have problems with getting a mortgage for both properties?
Please and Thank you