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All Forum Posts by: Mauricio Sanchez

Mauricio Sanchez has started 6 posts and replied 12 times.

I will be buying my third property with my partner. Currently we have two properties, each of us have an fha under each name. We would like to know what is the best option for our third property as far as the no money down option?

Greetings ladies and gentleman,

In the past 8 months my partner(brother) and I have bought two multifamily(fourplex)properties. The first property we bought in march at 317k and at the moment it has a value of 340k. The second property is another multifamily currently valued at 347k. The first property is under my brothers name and the second is under my name both loans are FHA. My question is the following, what type of strategy do you guys recommend to keep buying multifamily properties? Do you guys recommend conventional loans or what types of loans are available to buy with equity. Do you guys know any small credit union that allows to buy properties with equity or with no money down?

I am currently 23 with a stable job but looking to substitute my job for real estate in the future when the finances of the company are more than stable.