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Updated over 5 years ago on . Most recent reply

Douglas Guerrero's profile image
Douglas Guerrero's profile image
Douglas Guerrero
  • Realtor
  • from North Miami Beach, FL
  • Member since Jun 3, 2019
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Douglas Guerrero's profile image
Douglas Guerrero's profile image
Douglas Guerrero
  • Realtor
  • from North Miami Beach, FL
  • Member since Jun 3, 2019
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Douglas Guerrero
  • Realtor
  • North Miami Beach, FL
3
Votes |
3
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Wholesaling

Renting in Miami for $900 while trying to save to buy.

Douglas Guerrero
  • Realtor
  • North Miami Beach, FL
Posted

So my wife and I have been renting for about 2 years now $900 in north Miami Beach. We really want to start looking to buy and want to take advantage of the low rent we have now. What recommendations do you guys have for us? Our combined income annually is about $65k. What steps should we be taking? Thanks in advance.

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Zach Quick's profile image
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Zach Quick
  • Investor
  • from Bentonville, AR
  • Member since Sep 17, 2014
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Zach Quick's profile image
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Zach Quick
  • Investor
  • from Bentonville, AR
  • Member since Sep 17, 2014
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Zach Quick
  • Investor
  • Bentonville, AR
377
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Zach Quick
  • Investor
  • Bentonville, AR
Replied

@Douglas Guerrero Buy a duplex, live in half and rent out the other side. Can get loans for these as low as 3.5% down. Lookup ‘house hacking’ on here.

Good luck.

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