Hey all! my name is nick.
Bought my first SFH at 21 back in December of 21, LOL. Now looking to buy a duplex.
Where I am looking to invest theres good fully rented duplexes for 200k and less. Some of them have one vacancy some of them are fully rented. The issue I have is, I have very little money to put as my down payment and would not be able to do the 20/25% needed.
In addition to this using a FHA /VA as my primary residence is sort of out of the question since i just bought a SFH using VA and am currently living in it, and to be honest I don't really want to move. Will if I have to do make a deal work (would have to wait till ive been living here for a year).
What are my options?
Can I use a hard money lender?
i have about 30k worth of equity in my SFH can I use that for a down payment?
DSCR Loans?
getting a partner?
Thank You for reading this, any help would be so much appreciated.
Very respectfully,
Nick Hulsman
