New Member Introductions
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated almost 5 years ago on . Most recent reply

I want to star my real estate investment at FL.
Hi I'm new at FL. so I would like to get data from you guys.
My and my wife have a pre approved loan for a 1 to 4plex/ 20%Down Payment/ $3.5mdd max.
For what I see there are many options , but I'm not sure where to start. My goal is to achieve a 200 units positive cash flow in 5 years.
I've been analysing areas like St. Pete, Clear Water and Tampa, but for what I can tell all the options my agent sent to me are retail price, that don't let me any room to make a REFI or RE sell it for a better price.
¿What would be a good investment to make with this options?
Most Popular Reply

I agree with @Andrea Weule that you should join some local reia groups and network to learn about deals and build relationships with lenders. These relationships can be very beneficial as local experienced investors can guide you on things to be aware or, better locations to look into, or areas to stay away from. Learn from their experience!