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Updated over 10 years ago,

User Stats

15
Posts
0
Votes
Mitchel Durfee
  • Rental Property Investor
  • Palm Beach Gardens
0
Votes |
15
Posts

How to get next property

Mitchel Durfee
  • Rental Property Investor
  • Palm Beach Gardens
Posted

I bought my first house in PA in 2008 for 75k and just refinanced it in October using a VA loan now it's rented for 523 a month and my mortgage is 437 I owe 65k on this property

In May I bought a 4 unit complex in Colorado and put down 60k on a 240k property that I have only been able to rent 3 out of the 4 units for the last year so it's paying the bills but not cash flowing a lot

When I got back from Afghanistan in June of last year I got my real estate license in Vermont because I wanted to learn how others were making deals...I'm beginning to think the money isn't in being an agent it's in having a team of agents? I'm about to have my first baby! So need to get my legacy cranked up

I changed careers so I can't get another loan until I have two years in the same career so I'm stuck renting...

I can't get financing because the houses are in different states... Any ideas on what I should be doing to get to the next level? Or buy more properties that can cash flow or break even

I want to buy another property what would you do?

What is the next step to buying another property?

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