Profit to pay new mortgage

Profit to pay new mortgage

Member since 2021 · 7 posts · 3 votes

Hi everyone. 

I own one Airbnb. I want to buy the second, but I am afraid it’s going to be hard to pay for two mortgages, with only my 9-5 job.  Should I use the profit of my  airbnb to help pay the monthly installments of my supposedly second mortgage?  any other strat?

thank you so much. 

Kiko

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John UnderwoodPro Member
Investor · Greer, SC · Member since 2014 · 13k+ posts · 17k+ votes
3y

First you own a STR on Airbnb.

2nd,  The income from each property should more than pay its mortgage.

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