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Updated over 1 year ago on . Most recent reply

User Stats

2
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Sam Westfall
  • Investor
  • Milwaukee, WI
0
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2
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Next Steps? What would you do?

Sam Westfall
  • Investor
  • Milwaukee, WI
Posted

Hey BP,

Just acquired my first duplex using a 10% down 7 Year arm loan... 

My job is a sales engineering role... I have a guaranteed salary for the first year (which helped me get my first loan), but then it goes to pool plan style commissions after that... (Wondering would you guys recommend a fixed salary position in order to scale quickly or it won't matter)

I love the idea of long term tenants with 1 year leases... What would you (a more experienced investor or lender) recommend I do if I am looking to scale quickly with hopes of buying a 4-12 unit property as soon as possible?

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