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Updated almost 7 years ago, 01/23/2018

User Stats

96
Posts
26
Votes
Youdo Thirakul
  • Anchorage, AK
26
Votes |
96
Posts

Trying to find a way to finance my next house

Youdo Thirakul
  • Anchorage, AK
Posted

I'm house hacking a triplex right now and owe 280k, I can reno it for 20k to force the appreciation up to 370k-390k, am i able to refinance it or take a equity loan or something so i can buy another property?  Do i need a good credit and a w2, because I don't have any of that.  I just started working with my dad part time n he just pays me cash at the moment.  I know i can ask friends and family for a private loan but the property in Alaska is so expensive, even if its a deal, that i would still need over 70k to buy another property cash.  Any suggestions? please and thank you.  

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