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Updated over 7 years ago on . Most recent reply

User Stats

68
Posts
17
Votes
Benoit Malige
  • Rental Property Investor
  • Fort Lauderdale, FL
17
Votes |
68
Posts

Lender recommendation networking - Broward County FL

Benoit Malige
  • Rental Property Investor
  • Fort Lauderdale, FL
Posted

Hello everyone! 

Looking for a lender recommendation and possible deals in the Broward county area. After a year of educating myself and building up confidence, I am now actively looking for a triplex or fourplex in Broward county to house hack. I have a little over 35K saved for a down payment and would ideally like to use a percentage of the rents to help me qualify for a bigger loan, as my current W2 income is not that high. 

I would love to get the chance to talk to someone and discuss financing alternatives. Based on the current market, it looks like a FHA could work, but I would prefer to avoid having PMI, rather trading it for a 10% down payment (?).

Also, I am always available mornings before 8 AM and evenings after 5 PM; so If anyone wants to meet and talk real estate, hit me up! I live in central Fort Lauderdale and Work in Plantation. 

Thank you so much in advance !

Most Popular Reply

User Stats

68
Posts
17
Votes
Benoit Malige
  • Rental Property Investor
  • Fort Lauderdale, FL
17
Votes |
68
Posts
Benoit Malige
  • Rental Property Investor
  • Fort Lauderdale, FL
Replied

I might as well add something to this thread which follows the previous post.

I am currently subletting a 3 bedroom townhouse in Fort Lauderdale. Living in one of the bedrooms, renting out the second one on Air BnB, and the third one to Bluewater Training Students (which is a quick 1-minute walk from the house). The current lease ends on October 31st, and as I am fully committed to acquiring my first property before the end of the year, I do not wish to sign a 1-year lease here. Any suggestions on finding temporary -but not crappy or way too expensive- rentals in Fort Lauderdale? 

Merci !

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