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Updated over 1 year ago on . Most recent reply

First time buying multi-family. Looking for options
I Own a single family home and have been house hacking for 2 years. I would like to get into some quadplexs that are for sale in my area. Here is the situation. A seller is selling multiple properties. I can afford one but would need to refi my single family. Another idea I have is trying to aquire all properties and do a bundled deal but would need help financing. Any ideas would be appreciated!
Most Popular Reply

Hey Hunter -
Depending on how much your current home is worth vs. what is owed, you could definitely look into a cash out refi and use the funds towards the next purchase. You can also do a blanket/portfolio loan, putting 2-3+ properties all under one loan. A debt service loan would be a good option for this. Happy to chat if you'd like to connect.
- Brittany Minocchi
- [email protected]
- 330-354-6590
