Updated over 6 years ago on . Most recent reply
Looking to make second purchase
Six months ago, I purchased my first rental property. I obtained a traditional mortgage on the investment property, but have since paid that off when I refinanced my primary residence. So I have an investment property with 100% equity. My question is, how can I go about obtaining financing to make a second purchase? I'm looking at a $85,000 investment and I have about $25,000 to put down. What are my best options to complete this transaction? Thank you.