Updated about 4 years ago on . Most recent reply
Purchasing our First 2-Unit
Hey all, first post here. I'm happy to say that my wife and I just had our offer accepted on our first 2 unit. We are doing an all cash deal with a relatively quick closing. Both units are occupied with long term tenants.
My question.. We want to get a mortgage on the property after completing some deferred maintenance so we can rinse and repeat. What type of loan would that be called? What should I look for when considering financing and what should I steer clear of?