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Updated over 8 years ago on . Most recent reply

Bao-Chau Tran's profile image
Bao-Chau Tran's profile image
Bao-Chau Tran
  • from Mount Vernon, Washington
  • Member since Jan 11, 2017

User Stats

21
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5
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Bao-Chau Tran's profile image
Bao-Chau Tran's profile image
Bao-Chau Tran
  • from Mount Vernon, Washington
  • Member since Jan 11, 2017
Bao-Chau Tran
  • Mount Vernon, WA
5
Votes |
21
Posts
Private Lending & Conventional Mortgage Advice

What is the possibility to get another bank loan?

Bao-Chau Tran
  • Mount Vernon, WA
Posted

Hi,

I just got a bank loan with my wife for 100k, conventional loan for a townhouse. What are the possibility for me to get another bank loan (for rental)? 

Is it best to save up money to buy another house? Or to pay off the loan quickly so I can buy another investment home?

I just got a second job to quickly pay off these loans. 

Any advice/suggestions would be appreciated!

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