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Updated over 9 years ago,

User Stats

114
Posts
2
Votes
Joseph Tarallo
  • South Amboy, NJ
2
Votes |
114
Posts

Financing question

Joseph Tarallo
  • South Amboy, NJ
Posted

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 

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