Hello, looking for RE Agent in Florida

[Austin Richey]

Hello, my name is Austin Richey. I am currently looking for a duplex or triplex in the central florida area. I would really like to find homes in Orlando, Tampa, and Davenport specifically. I'm also interested in other areas in central Florida just would like to start my search off in these areas. Me and a friend are looking to buy a rental property for our first investment home. Our price range is about $100,000-$125,000. We will be obtaining an FHA loan due to the amount of funds we have at the moment. Plan on moving in August or September, right now I'm planning ahead so the transition is smoother. You can reach me at my email or you can simply post in the forums here. Really appreciate your kindess in reading this post.

Thanks in advance for your help, 

Austin Richey

[John Kent]

Hello Austin,

Not sure if this is helpful but in Orlando $100k-$125k is in the bottom range of the market for a duplex. Also in agreement with Xeniya's comments on the Tampa area, finding a small multifamily property purchasable with an FHA loan is a challenge in this area as well. Keep in mind that you must move into one of the units within 60 days of closing with FHA loans. If the property will need to have an available unit or a vacating unit for you to occupy after closing.

If you need a referral for a lender in the Orlando area feel free to PM me. I may even have an option for you that will help to increase your max purchase amount a little bit which may open up a few more options.