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Updated over 8 years ago on . Most recent reply

Purchasing Another Property
Hey all,
First post, so thanks for answering! I currently own five units between two properties, one in Massachusetts, the other in New Hampshire.
I'm looking to soon buy my forever house with my fiance and I am concerned that I won't be able to afford my next rental after that.
I cash flow (after mortgages) roughly $1,200 a month between the five units (we live in one) and our combined take home pay from our jobs each month is roughly $4,000.
I would like to completely finance the next property but also not get a normal loan. Any strategies on how to not use any of my money? What's the best way to find a private investor?
Thanks for any ideas!
Most Popular Reply

You may need to buy your primary residence first then buy another multi. That's what I ended up doing. You could contact @Ann Bellamywho does private lending.