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Updated over 4 years ago on . Most recent reply

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Robert Gamblin
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10
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Questions on purchasing my first Duplex

Robert Gamblin
Posted

I am in the process of purchasing my first duplex with 4 friends.  Two of us will be carrying the loan.  I was wondering if this was a bad idea?  It is my personal intention to make sure I can obtain the 10 loans to maximize the number of rentals I can hold.

1. Bad idea to be going in with 4 friends?

2. What is the best way to ensure I can continue to get approved for future properties?

3. Any suggestions on getting started?

Thanks in advance!

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