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All Forum Posts by: Stephen Sonny Tipoti

Stephen Sonny Tipoti has started 1 posts and replied 2 times.

Starting Out

Post: Trying to buy my 3rd property

Stephen Sonny TipotiPosted
  • Rental Property Investor
  • Honolulu, HI
  • Posts 2
  • Votes 0

@Tyler Sweet congrats on the third property!! Thanks for the advice and I will look into it

0 Votes
Starting Out

Post: Trying to buy my 3rd property

Stephen Sonny TipotiPosted
  • Rental Property Investor
  • Honolulu, HI
  • Posts 2
  • Votes 0

I currently have 2 properties (I live in one). One is a conventional loan property (townhouse) located in California and the other is a VA loan (Im active duty) here in Hawaii. I really want to get a multifamily (duplex or triplex) but kind of stuck on how to get the next loan. I know on purchasing my second property, I was suppose to be able to show 6 months of mortgage for my first property. I'm assuming now I will have to show 6 months of the first property plus another 6 months from the home I am currently in. I know the skinny would be just come up with the money or save. Is their a better way or a program or something? Any help would be awesome. I AM A COMPLETE NEWBIE AT THIS..Have a great day!

0 Votes