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.
New Member Introductions
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 almost 5 years ago on . Most recent reply

User Stats

3
Posts
1
Votes

I want to star my real estate investment at FL.

Posted

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

User Stats

15
Posts
10
Votes
Maggie Polisano
  • Specialist
  • Ambler, PA
10
Votes |
15
Posts
Maggie Polisano
  • Specialist
  • Ambler, PA
Replied

@Nathan Carrillo kanareck

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!

Loading replies...