Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on .

User Stats

2
Posts
0
Votes
Shelbi Molin
  • Rental Property Investor
  • Buffalo, NY
0
Votes |
2
Posts

Law student & want to know how to get my second deal‼️

Shelbi Molin
  • Rental Property Investor
  • Buffalo, NY
Posted

Hey just wanted someone’s opinion on how I can make that next step.

So I am a current law student and will be in law school for the next 2 years. Last year, I took a leave of absence for the year, obtained a full time job & I succefully completed my first house jack with an fha loan in my college city of Buffalo, NY. I brought the house for 200,000. It’s a 6 bedroom student rental that nets me 1,400 profit every month. I am desperately trying to get house #2 because my owner occupancy requirement stops after October (1 year after acquiring property) and was wondering on ways that you guys might have that I haven’t thought of.

(I won't be able to work full time because I am going back to school which will hurt my DTI and make it hard to go through a traditional bank. So that's kind of where I am stumped because I don't want to wait two years to buy another house.)

Any suggestions is appreciated.