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Updated about 10 years ago,
Building my portfolilo faster
I just purchased my second property last month and im trying to figure out what i can do to get my third property in a shorter amount of time than it took me to get my second. My first property i purchased through my fathers line of credit so there isnt a traditional loan out on that. Ive been putting a lot of extra principal into that loan and only owe 55k, the property is worth atleast 90k.
I was thinking that getting a traditional 30yr loan on that property and freeing up some capital to get another property a lot sooner would be my best bet.
Any better reccomendations?
Thanks!