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Updated over 9 years ago,
Financing question
Hello investors hopefully someone can help me with this. My question is when it comes to getting financed for a second property. If I have one property and it's producing a positive cash flow after mortgage and expenses etc how do I get financing for another one. Say I have the cash to put 20% down on a second property. Will the first property show as debt and hurt me from getting a second mortgage ? I want to know how investors are able to buy multiple properties. I have the down payments but confused how you will get multiple loans and leverage to buy with bank finances