Updated over 4 years ago on . Most recent reply
How to get 2nd multifamily
I recently closed on a duplex. I live in one half and rent out the other. I went through NACA because of the interests rates.
At any rate, I want to buy a second multifamily that I'd use purely as an investment Property. But I dont where to begin in terms of financing.
1) My debt to income ratio doesnt allow me to get a conventional loan.
2) I don't have enough properties to qualify for a portfolio loan.
3) I'm not to educated on hard money but Im willing to learn
What would to suggest?