How to invest in a 4 plex when new to the rental world.

[Aaron Harren]

I just recently in the last month purchased my first duplex here in Alexandria MN.  Still in the process of fixing up the main floor unit from the abuse it took from previous renters.  I am looking for advice and knowledge on how to go about getting into a second deal with all my funds tied up in this duplex currently.  There is a 4 plex on the market here that I am just starting to do my research on. Each unit is a 3 bed 1 bath.  Seems to me like it could be a good cash flow property....... asking price is $389,000.  Any creative ways to get into something like this, this early or is it to much of a stretch.  Thanks

[Antoine Martel]

Focus on the project you're working on right now. Fix it up and rent it out and get it stabilized. Then look for the next deal.