All Forum Posts by: Devan R.

Joe Stafford Hey I reside in Plantation. Are there any REI meetings in Ft. Lauderdale? Looking to network. Thanks

Wayne can you provide information on where your meetings are located. I'm here in Plantation, Fl.

Samuel what's your email address

Are there any meetings in the South Florida (Miami, Ft. Lauderdale) areas?

I own 2 properties and building a 3rd property which will be our primary home. If I wanted to purchase my 4th home, could I finance it through a FHA loan with paying 3% vs 20% --usually investors have to pay?

@Jon Holdman - the $400k home is our home for long term and not a rental. Our current home will convert into a rental once we move into new home.

I was asking about private lending in future cases for properties of interest. We've been successful with our 1st rental property and look forward to our 2nd rental property and moving into new home this summer.

Great info @Jon Holdman - very good information to know. Do you have a list of private lenders?

Also can you explain how equity works if you initially don't put down 20% but eventually the equity you get 20% into the home.

Paying 442,900 for home. Have paid 25,900 so far. Will pay 20,000 more at closing. Say if home appraised at 515,000 and mortgage is down to 412,000 = 20% how can does that work in not paying PMI longer? Do you have to refinance?

Without providing appliances your chances of renting it is less. We've had our rental property for 4 years now and we provide appliances. Whenever there is a issue, I'm quick to solve it. Love happy tenants because they will continue to occupy your property.

I'm new to this website - found out about it and have been hooked since Saturday. I've been reading several post about private lending for a year and then taking a mortgage out after the 1 year. How does this work? What's in it for the lender as for as lending the money. Surprised to hear there are private lenders out there that does this. Any feedback would be appreciated. We have one rental property and getting ready to have two once our new home is finish being built this summer. (Will rent out our current home for 2nd rental). I'm interested in acquiring more property but the concern would be the 20-25% capital so I'm very interested in private lending to see how this all works.

No it's not a gated community and yes all 26 homes in enclave will be brand new. Is it fair that we are limited on seeing the home?