New to This! First Duplex! Canton OH

[Sarah Miller]

Hi All!

This is my first post on BP and I'm excited to start our investing journey.  My husband and I just sealed our PA for our first duplex in Canton, OH.  We've been wanting to get into real estate for quite some time and used some savings to buy a very nice property with 6BR 2BA (duplex - 3BR1BA ea, 1000sq ft ea).  As long as closing goes well, its not going to need much work at all except some cosmetics and will be netting a $600/mo profit.  My questions come a little random and vague...

Now that we are basically liquidating our savings, we won't be able to get another one for a couple of years and even then it will be difficult.  How have some of you gotten off the ground running? 

I have looked into possibly building our next multifamily which seems attractive with a higher rent possibility. Anyone have experience with this?  Do I use a regular builder or are there special multifamily builders?

Is there a way to get business loans for real estate investing? We have made an LLC to house profits but don't know if a real estate operation would halt us from getting an actual business loan.

Thanks!