How to buy a second property?
First time poster, but definitely not my first time on these forums and I am never disappointed with the wealth of content on here. I am 23 and just closed on my first property this week using an FHA loan. I will have roommates living with me that will be paying monthly rent. Naturally I am already looking forward to my second, third and fourth properties. My plan is to be an owner occupant at this property for 2 years and then look to purchase another property. Per my calculations, I should have 50-60K in two years to throw at a down payment for the new property. My issue will be debt to income ratio - current mortgage payment puts me at 44%. However, the rents will cover the mortgage payment and then some. What is the best way to finance the second property?