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Updated over 2 years ago on . Most recent reply

User Stats

231
Posts
188
Votes
Thomas O'Donnell
  • Rental Property Investor
  • Columbus, OH
188
Votes |
231
Posts

How Have You Been Able to Buy Your Next Rental?

Thomas O'Donnell
  • Rental Property Investor
  • Columbus, OH
Posted

What's up guys! I am currently in the process of closing on my first duplex that I will be house-hacking. My question today is, when should someone start looking for their next rental? How have some of you been able to finance your second rental, if you haven't owned your first one for long? What should stop someone from getting another rental, or push them forward to be trying to get another deal? I am currently 24 years old and I have told myself that I want to be retired by 30 via MFH investing (I know, sounds crazy!). So even though I am only closing on my first rental, I am always going to be looking towards the future and planning my next move in advance.I  want to scale and build my portfolio fast in a shorter amount of time as usual. Thanks for any responses! Appreciate ya'll!

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