HELP! Stuck after first deal

[Roman Singh]

Hey guys, So I’m exploring options to do my second deal and would like input from the community. To start out I’ll let you guys know my current situation. I’m 22 going to university full time in Toronto and working part time. Last year I found a good deal with a partner on a condo downtown that breaks even with 5% down. I want to get a second property NOW instead of waiting and making excuses. My current plan is to find a deal outside of the city get short term financing and have a family member co sign for the refi. Is this a viable plan? Any alternative suggestions? Thanks for your time!