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Updated about 2 years ago on . Most recent reply

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Erik Lopez
  • New to Real Estate
  • Atlanta
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Buying a second home in the current market

Erik Lopez
  • New to Real Estate
  • Atlanta
Posted

I have been living in my current home since 2021, I have thought about potentially buying a second home and rent out my current one where I am living, what's sort of stopping me is the fact that interest rates are really high and there has been a lot of layoffs in my industry, is anyone else in a similar situation as me?

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David Ramirez
  • Investor
  • Tampa, FL
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David Ramirez
  • Investor
  • Tampa, FL
Replied

Hey @Erik Lopez

Because of interest rates skyrocketing, I have been immersing myself in creative financing, so maybe you could get your second property "subject to" or "owner financing" with a very low-interest rate. 

Good luck!

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