All Forum Posts by: Amber Stout

Hi Peter, welcome to BP. In my experience, being around growth like minded individuals is what has allowed me to grow the most. I'd be happy to share some great local meet ups and also open to connecting. I'll send you a DM. 

Hi all, I've been on BP since 2014 and a multifamily investor since 2019. I turned lender based in St. Pete/Tampa. I’m looking to expand my network and connect with other investors, realtors, and real estate professionals—especially those who are growth and collaboration-oriented. If you’re open to connecting, send me a message. 

Hi Colin, I live and invest in St. Pete and it's an absolute gem! Based on the development expected over the next decade, I believe it's a great area to invest in. Would you be looking to owner occupy the property or strictly as an investment? Being out of state, I would suggest vetting your "team", meaning find an investor realtor, lender/s (hard $ / long term), property manager, contractors, etc. I have a GREAT rolodex of folks if you need connections. 

@David Garcia Hey David, as an investor & mortgage broker, I'd be happy to help. If you're set on using a local bank, try BayFirst - I've done deals with them in the past and they've been great. 

@Rachael Palmer Are you working with an agent? An investor agent or STR agent should be able to advise you on the specific areas that perform great.

Regarding property manager, are the properties you're looking at luxury? 

@Rachael Palmer Hi Rachael, I have two great contacts depending on the STR's location and the type of STR. I have one contact that specializes in luxury and another that is more for "average" STR's. What type of property are you looking to purchase? And what is the location/price point?

Hi Michele, that's exciting that you're interested in gradually building your own portfolio. It is a personal choice. I have a Roth IRA and I own rental properties and the equity within the rental properties I own far exceed the value of my Roth IRA and for further perspective, I started the IRA years in advance to ever investing in real estate. In the stage that I'm in now which is looking to grow my net worth and cash flow, I'm more interested in investing in real estate. As I continue to grow my portfolio, I'll want to eventually diversify a bit into other strategies. Being that you're an agent, you have an advantage in the real estate space.

As far as investing with as little capital as possible, house hacking is going to be your absolute best bet. You can put 3.5%-5% down on a 2-4 unit property, live in it for a year, rinse and repeat! 

@Jorge Garcia I am a lender working mainly with investors and am happy to run numbers for you on a cash out refinance.

Alternatively, you can do a HELOC. I have two local contacts that can do 100% LTV on a primary home and another contact that can do a HELOC for an investment property.

If interested in either or, send me a DM - happy to discuss both options and share my contacts with you so you can determine what's best for you. 

Hi Tomas! I have a great agent that works mainly with flippers, as well as wholesaler contacts, and a hard money lender friend who shares weekly flip deals. If you have interest in any of those resources, send me a DM. 

@Tiffany Da Silva - Yes! That'll be best. You could purchase using a DSCR now if you wanted to as it won't take into account DTI or income. It'll be based on the specific property you're considering.