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Updated over 8 years ago on . Most recent reply

How to Finance 2nd Property
Hello my fellow investors, I eventually acquired my first property, a duplex, and am look to purchase another 2-4 unit property soon. Right now I'm trying to figure out the best potion for financing it. So far my thoughts are:
Conventional: save up 20% down (slow, but definitely an option)
Family/outside investors: could be tough since I'm so new.
Hard money lender
Seller financing
What do you guys think?
Most Popular Reply

If my income weren't already all tied up in RE and I were in a responsible position to be a REI type, I'd totally bounce around the universe always using VA/FHA o/o and build up an empire that way without ever putting more than 3.5% down.