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Updated about 7 years ago on . Most recent reply

User Stats

13
Posts
12
Votes
Zac Burk
  • Flipper/Rehabber
  • Metro Detroit
12
Votes |
13
Posts

I need some help. Im stuck on funding my third place.

Zac Burk
  • Flipper/Rehabber
  • Metro Detroit
Posted

Hey guys. I've been spinning my wheels for a bit. I bought my first duplex as a house hack with 20% down. In August a year later, I bought a sfh, 5% down, to live in and work on to flip. But now i just have enough income for some savings + living cost + materials and then a rainy day fund. I cant gather a 25% down payment for another duplex for awhile. What are some avenues to make this happen in a short term? My credit is fine with debt to income. I have a duplex available 5 blocks north of mine asking 65k. I'd hate to see it go.

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