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Buying & Selling Real Estate

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Brittany Hart
  • Real Estate Investor
  • Kenai, AK
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18
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How to Purchase 2nd or 3rd property?

Brittany Hart
  • Real Estate Investor
  • Kenai, AK
Posted Aug 7 2014, 09:53
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

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