Updated almost 5 years ago on . Most recent reply
How to purchase a second property?
I just bought my first house using a VHDA plus loan & I’m house hacking to cover some of the mortgage. I’m going to make updates to force some equity and eventually rent out another room. I don’t want to move too slowly and would like to plan for my next purchase (my goal is to get another by the end of 2020). I’ve got information overload and would like to hear from some of you about how you progressed into acquiring more properties & the specifics of your deals, so I guess my question would be how could I actually go about purchasing a second property? How difficult is it to get a second mortgage, what are the parameters etc?