How to Purchase 2nd or 3rd property?
So we are closing on our first rental property next week. It is a four plex with an FHA loan for $275,000 - 3.5% down. There are current tenants, but we qualified with just my husbands income.
We already found a single family residence for $50,000 and a duplex for $110,000 that we want to purchase. How do we get the bank to finance these when we just got the other loan?
Any and all advice is greatly appreciated, thanks