Second Investment In Upstate NY, Need Acquisition Help!

[Elijah Berg]

Hi everyone!

I’m currently looking for my second investment and could  use some help finding lenders. Using the “Connect with a Lender” feature on here I unfortunately hardly receive any responses—or the ones I do get don't have the time to answer my questions.

I am 20 years old and this will be my second investment property after the house hack I purchased last year is treating me very well! I'm planning to use the BRRRR method in the Upstate New York region. I've held my current duplex for about a year now. While it hasn't built quite as much equity as I originally hoped, there's still a decent amount I could use. Though tapping into this if I have to go another route for acquisition and rehab does not make to much sense to me unless I use said lien for emergency funding.

I do have the funds to cover the down payment if I go the hard money route as I was hoping to keep the acquisition side simpler via HELOC, though I don't think that will be possible this time around concerning the market in my region and what I have available to work with.

If anyone has a lender they recommend or knows someone who could walk me through the best options for my situation, I’d really appreciate it. Open to ideas or suggestions too. Thanks in advance bp community!

Bigger Pockets Real Estate Rookie Podcast
Show Guest #465
Elijah Berg