PropertyInvesting.com | jfragment | Activity https://www.propertyinvesting.com/members/jfragment/activity/ Activity feed for jfragment. Sun, 05 Apr 2026 23:35:22 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 d92831f6da4b06106a2c77f8ffb4e6bf jfragment replied to the topic Stumped w/how to get the 2nd property. in the forum Help Needed! https://www.propertyinvesting.com/topic/4373071-stumped-whow-to-get-the-2nd-property/#post-4468740 Wed, 21 Apr 2004 05:47:52 +0000 Or (thinking more about what lucifer was saying) do I claim that I make $900 more in income and write off the mortgage? Does this make any sense?

]]> 4345333fa96bb0ed2f5ab80a68322a3f jfragment replied to the topic Stumped w/how to get the 2nd property. in the forum Help Needed! https://www.propertyinvesting.com/topic/4373071-stumped-whow-to-get-the-2nd-property/#post-4468739 Wed, 21 Apr 2004 05:45:04 +0000 Thank you for the responses but I want to make sure I understand.

If I buy a condo and the total mortgage and fees = $850 and the renter is paying $900.

Now, my salary hasn’t increased and the condo was all I could afford according to the bank, what are my options of getting IP #2? Do I need to save another 5%-20% for the next property off of…[Read more]

]]> 571989849d942d31383a31c83d628cc1 jfragment replied to the topic Stumped w/how to get the 2nd property. in the forum Help Needed! https://www.propertyinvesting.com/topic/4373071-stumped-whow-to-get-the-2nd-property/#post-4468736 Wed, 21 Apr 2004 05:31:49 +0000 After reading my first post I don’t think I made a ton of sense. Here’s another go at it.

How do I buy another property with my first property just paying for itself? How do I convince the bank that I can afford to get another IP?

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