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Updated about 8 years ago on . Most recent reply
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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
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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.