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Updated almost 3 years ago on . Most recent reply

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7
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Got our first investment property.. what’s next?

Posted

Hi all!

My husband and I bought duplex early this year to get in the game of RE investing. We got an FHA 3.5%.

We would like get a second duplex/triplex but putting 20% down on a conventional loan its not doable at this time because we don’t have that much in liquid funds.

What would be a good move forward to continue growing our investment portfolio?

Thanks!

Most Popular Reply

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316
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Julie Toh
  • Specialist
  • Mortgage Broker Canada
118
Votes |
316
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Julie Toh
  • Specialist
  • Mortgage Broker Canada
Replied

@Krystle Tavernier Congrats on being duplex owners. The two options mentioned @Logan McKay Zylstra makes sense. 

Slow and steady wins the race in REI.

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