What should I do next?

[Marcele Johnson]

Hi I’m in the process of closing on my first multi family deal a duplex which I will be living in as well with my girlfriend and next year she wants to buy something or we can go in on something together but we don’t know if we want to flip a house or another multi family because she just filed bankruptcy last year and we don’t know what our options are for the next move so can someone please help me out cause I was thinking buy another building but she said a house anybody have any suggestions?

[Derek Harris]

Originally posted by @Marcele Johnson:

Hi I’m in the process of closing on my first multi family deal a duplex which I will be living in as well with my girlfriend and next year she wants to buy something or we can go in on something together but we don’t know if we want to flip a house or another multi family because she just filed bankruptcy last year and we don’t know what our options are for the next move so can someone please help me out cause I was thinking buy another building but she said a house anybody have any suggestions?

Your girlfriend will have a very difficult time qualifying for a loan (at least for many years to come). There are countless ways to fund deals. I recommend reading one of BP's books preferably The Book on Investing in Real Estate with No (and Low) Money Down.