Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

20
Posts
6
Votes
Andrew W.
  • Investor
  • Wisconsin
6
Votes |
20
Posts

Stand-alone Real Estate Finance

Andrew W.
  • Investor
  • Wisconsin
Posted

Guys - just wanted a quick bit of advice.    I just wrapped-up my working career.   I am fairly asset rich and fortunately will not need to work for someone else again.     My net-worth outside of my Florida personal residence (which I own free and clear) is over $3 million.    I am a skilled stock market investor and have significant cash and access to cash and besides cash can also draw on a pension at anytime I want (currently the pension is $34k p.a. but will grow by $2k p.a. each year I defer drawing on it).     I have no major expenses or debts, besides normal living expenses.    My question is that with my resources (largely cash and liquid investments) how difficult will it be to bring stand-alone property investments (triplexes, fourplexes and larger MF) for financing to local banks in South Florida?   I'd like to diversify into property investment for the challenge and personal interest and to simply diversify my assets.   Thanks in advance.

Loading replies...