Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 12 years ago on . Most recent reply

User Stats

26
Posts
0
Votes
Chris Tom
  • Woodhaven, NY
0
Votes |
26
Posts

looking to invest in 2 family

Chris Tom
  • Woodhaven, NY
Posted

Hello i am new in to this forum.... i am interested in investing in realestate to make some money on the side i dont want to become a millionar just maybe buy and rent out a two family home where on floor pays for that mortage and the ohter floor goes into pocket or can pay another mortage. my question is can i have multiple mortages at one time? is there a time frame on which i can applay for a second mortage? also i seen these ads in my local newspaper saying they only want like 5000 d/n could that be possible all i would need is 5000 down? some ads say 5000 on contract what does that mean? i really only 5,000 to invest... any other information would be great thank you .

Loading replies...