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How to Purchase a Second Investment Property
Greetings all,
I'm looking for guidance on how to transition to a second investment property. I purchased my first investment property (single family) in Houston in June of this year. The property was purchased with a conventional loan and is being rented out. I am now interested in purchasing a second property in Atlanta. I have enough to cover a second down payment + closing cost and other miscellaneous expenses and want to know if there’s a certain amount of time that I must wait before purchasing a second property or if there are additional things that need to be considered. Thank you in advance.