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Updated over 3 years ago on . Most recent reply

User Stats

9
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3
Votes
Carley Naramore
3
Votes |
9
Posts

Tampa/Lakeland Area Investors out there?

Carley Naramore
Posted

Hi!  I'm new to Bigger Pockets.  We just moved to Lakeland FL and I work in Tampa as an interior designer.  We have one rental in Jacksonville FL and are waiting on the Rental assistance program to kick in for our tenant who hasn't paid her rent in about 5 months.  Once the money comes in I am trying to decide if I should either sell that property and start over (I'll have about 90-100k) to possibly buy two properties, or should I go ahead and do a cash out refi and keep the property.  I am working on applying for section 8 for the property right now thinking that may be easier than eviction for this current tenant who is not paying.  Would love thoughts and would also like to know if there are any Tampa/Lakeland people in here?  Thanks!

Most Popular Reply

User Stats

94
Posts
73
Votes
Dominick Galinis
  • New to Real Estate
  • Tennessee
73
Votes |
94
Posts
Dominick Galinis
  • New to Real Estate
  • Tennessee
Replied

@Carley Naramore hi Carley, welcome to the Bigger Pockets fam! I’m actually farther south but I’m looking into the north/central Florida market to buy my first place. Good luck!

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