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22
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Jake Diamond
  • Rental Property Investor
  • Utica, NY
6
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22
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Hungry new investor looking to GROW

Jake Diamond
  • Rental Property Investor
  • Utica, NY
Posted

I currently am house hacking a 2 unit. In addition to I just purchased a 4 unit. (Between the both I have about $50k in equity) Besides the two mortgages I am debt free. I am looking to GROW. Looking for advice from successful and experienced investors on where I should begin looking for my next move...

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96
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45
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Sean Morrisey
  • Residential Real Estate Broker
  • Aurora, IL
45
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96
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Sean Morrisey
  • Residential Real Estate Broker
  • Aurora, IL
Replied

I would continue the 4 unit strategy and utilize Fannie/Freddie financing at 30 year amortorization until you cap out. Then, look into commercial financing. Always try to use the BRRR method when you can!

Keep it up!

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