Updated almost 3 years ago on . Most recent reply
It is posible buy two rental property every year ?
I need some strategies, how can I buy 2 property every year for 10 years.
Most Popular Reply
Bill B.
#3 1031 Exchanges Contributor
#3 1031 Exchanges Contributor
- Investor
- Las Vegas, NV
I bought a new primary and a renal every year for 5 years. Usually at the same time so I didn’t need to provide all the paperwork twice per year. If you can’t afford 2 x 20-25% down loans you can get one 20-25% and one 4-5% owner occupied loan.
Can’t swing that? Get one 5% owner occupied every year. In 5 years you’ll be ahead of 80% of Americans (99% of earthlings). Do it for 10 years and you’ll be ahead of 90% and 99.5%.