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Updated over 6 years ago on . Most recent reply
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Would I be able to purchase 2 properties in within 4 months?
Hello,
I am trying to purchase a multi family house in Georgia this month. I am also currently looking for a 2 family in NJ (where I live) and I am hoping to move out before my lease is up on Feburary 2019.
Would I be able to take out a mortgage in August then another before December?
Most Popular Reply
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Yes, as long as your debt to income ratio could handle both. Lenders would want to see leases and 12 months of income from the property.