New looking to invest and looking for advice. VA/DC/MD

[Alex Tabarini]

I'm 33, have a paid off 1br condo( bought at 143k, I could I think now sell it for 160/170), zip code 22307. I am however renting it out at the moment. I have moved to. MD close to Baltimore. My timeline is going to be one to two years to find something.

I'm working for the government, I don't think I'll be quitting any time soon. But I was wondering if I could somehow get financing from my condo to buy a multi family unit?

any advice would be helpful, thanks for reading.

Alex

[Kyle Deutschmann]

@Alex Tabarini hey Alex, welcome to the Baltimore area, and yes depending on your financial situation you could likely borrow against one property to use towards buying another