All Forum Posts by: Amber Stout

@Matthew Paul Completely agree. I just bought strawberries for $9 for the small cart and a small almond butter for $12. That's just crazy! 

@Kevin S. For many of the deals that I'm seeing cash flow right now, they are negotiating seller credits and then I'll use those to buy down the rate that gets the investor the returns he/she needs.

Personally, we just found a B property in B/C area and that cash flows nicely. It's important to note, that deal was a seller finance deal. I think deals can cash flow, just gotta get creative with how to make them work.  

Volatile interest rates today due to the consumer inflation index report. The Federal Reserve's target has been 2% inflation and it is currently at 3.5% for the year.

As many of you many already know, the Fed was originally projected to make six rate cuts for the year, however with this current data, the Fed will likely continue to be stagnant with making any cuts, if any at all.

For my real estate investor friends, we have always underwritten our deals based on the deal cash flowing under current market conditions and not speculating on needing to refinance when rates are lower. As time goes on, I believe this principal becomes even more essential.

Frank DiGiorgio with WeInsure is outstanding. Office: (954) 903-7692 ext.3 - Very responsive and great guy! Please let him know I sent you. Great service and will shop to get you the best price. We use him for all our rentals. 

You can try with Kin as they are typically best priced however awful service. I work with several clients that will use them and they do price well. 

Hi Christian! I will send you a DM with some ideas on areas in Tampa. 

Hi Logan, I know a portfolio lender that may be able to help with this. It sounds right up her ally! Send me a message and I'll share her contact info with you. 

Hi Liam, thanks for sharing. Some of the data seems off such as Davis Island being a B+ neighborhood. Overall, I think it gives simple data and seems to be generally close to accurate. Where would I be able to find this data? Thanks!! 

Hi CJ, I am in Saint Pete and invest as well so I know the market well especially on the long term rental side and house hacking using FHA as that is what me and my husband have done.

I'd need to know what your credit looks like but just running numbers off the information given in this post, you could do a multi family property, using rental income from property to help qualify around 400k price point which is with 5% down. You could do more or less down but just wanted to give you an idea. It sounds like it would be doable for you!  

There are a couple options at this price point and again, depending on your credit, you may be able to go up in price/put more money down, etc. 

https://www.zillow.com/saint-petersburg-fl/duplex/?searchQue...

Hi Brittany! My friend owns and runs https://www.constructionservicesfl.com/
He's an incredible human and his team does great work. He's helped us and helped friends of mine who have all enjoyed their experience. 

Sending you a PM.