Updated over 10 years ago on . Most recent reply
Next step
I live in MI & I'm looking to accumulate a dozen or so rental properties however being new to the industry I'm seeking advice as to how to do it successfully. I outright own one single family standalone home that I'm currently renting for 800, it's valued between 70-80k. I just invested in another single family home that I'm currently living in. I have a conventional mortgage on the current property owing 32k, however I want a multi family next how should I go about obtaining another property without having to wait to pay off this current property? I have a full time job earning 2k a month from that as well. Please help.