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Updated over 4 years ago on . Most recent reply

User Stats

57
Posts
9
Votes
Daniel Ordonez
  • San Jose, CA
9
Votes |
57
Posts

Trying to purchase second investment

Daniel Ordonez
  • San Jose, CA
Posted

So I recently purchased my first investment property in Stockton. I am looking to investment in my second already it might be too early but I just want to see what my options are. My first property is a triplex in Stockton under an FHA loan. Now it's been 3 months I am very eager to look for a new one.

Is it possible at this time for me to purchase another property?

I am looking at very possibly purchasing out of state. I don't have allot of money yet unfortunately to invest locally so I am thinking somewhere in Texas because the houses are cheaper and my down payment will be less.

Would hard money loans or private lending be something I can explore? And they do long term but and holds?

  • Daniel Ordonez
  • Loading replies...