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Updated almost 2 years ago on . Most recent reply
What are you Top mistakes made on your second property
Hey everyone
In the process of obtaining a second property
My first purchase was a duplex with a FHA 203k
It is not worth the refi due to the low interest and no cash out.
I am now looking to use a homestyle loan to purchase another house hack brrrr.
What are common mistakes made in purchasing your seconded property
Most Popular Reply
Nicole Heasley Beitenman
#5 Medium-Term Rentals Contributor
Pro Member
#5 Medium-Term Rentals Contributor
- Investor
- Youngstown, OH
- 2,406
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Nicole Heasley Beitenman
#5 Medium-Term Rentals Contributor
Pro Member
#5 Medium-Term Rentals Contributor
- Investor
- Youngstown, OH
I overspent on my 2nd property and found I didn't love the location. I sold it sometime in 2020, I think, and I don't have any regrets. We learned a ton from it.