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Updated 5 days ago, 11/27/2024

User Stats

98
Posts
53
Votes
Jerell Edmonds
  • Investor
  • Warwick, RI
53
Votes |
98
Posts

MF Investing 2nd property

Jerell Edmonds
  • Investor
  • Warwick, RI
Posted

Hey BP. I'm looking to get my next investment property next year . My strategy is house hacking /buy and hold. I recently got my gf into the idea of investing and she agrees on finding a 4plex or 3unit . The only issue is her credit but mines is very good I have a 750 so I was going to co sign so she can get approved so my question is would the buying power be low or would it fall under me ? We plan on using FHA and hopefully there will be some first time buyer grants out there next year . The only way ill get a 4plex is if we live rent free that's my goal moving forward for the next investment. pt 2 How did everyone else get their second property ?

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