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Updated over 10 years ago,
Any holes in plan?
Just got into a triplex and planning to use all repair/vacancy/cashflow towards a down payment on a second tri/four plex. Of course if anything pops up I know it would be a tight situation and that's why my second property will be well screened.
My thought is I will have double the repair/vacancy every month with two properties which can support each other in the event there is a large repair/replacement versus just one property.
Does this seem feasible?