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Updated over 5 years ago on . Most recent reply

User Stats

30
Posts
20
Votes
Adam Batcheller
  • Property Manager
  • Roxbury, CT
20
Votes |
30
Posts

How do I buy another Property after buying my 1st in March 2019

Adam Batcheller
  • Property Manager
  • Roxbury, CT
Posted

I purchased my first rental property in March of 2019. I want to buy another one but my lender told me to wait 6 months to a year. Why?

Most Popular Reply

User Stats

137
Posts
55
Votes
J.R. Coffin
  • Architect
  • Providence, RI
55
Votes |
137
Posts
J.R. Coffin
  • Architect
  • Providence, RI
Replied

I've got the same story. I'm owner occupying one of my rental properties that I bought last month. Was wondering how long I need to wait before buying another.

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