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Updated 8 months ago on . Most recent reply

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29
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John Friendas
13
Votes |
29
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2nd Property Quadplex

John Friendas
Posted

How would you go about getting a 2nd home mortgage, for another quadplex in my situation? 

I know some banks require it to be located far away as a vacation home, and to be single family. I am okay with moving with the sneaky rental BP strategy. I'm looking at fixer uppers that are considered livable (heat, plumbing, etc) and I think my DTI will be sufficient once I get renters on my current quadplex.

Just trying to plan ahead, thanks!

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