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All Forum Posts by: Collin S.

Collin S. has started 27 posts and replied 54 times.

Post: New Investor in Jacksonville

Collin S.Posted
  • Rental Property Investor
  • Jacksonville, FL
  • Posts 56
  • Votes 13

@Dave Visaya @Jorge Ruiz Thanks for the warm welcome and helpful links. I am excited to get started!

Post: New Investor in Jacksonville

Collin S.Posted
  • Rental Property Investor
  • Jacksonville, FL
  • Posts 56
  • Votes 13

@Evan Greenfield I agree that the FHA 203K loan is great to take advantage of. My only issue is that I currently hold a FHA loan on my townhouse. Would I be able to take a second FHA loan? I hear it is possible , but very strict. If not, my only option would be to refinance my existing townhouse out of FHA to be eligible again?

Post: New Investor in Jacksonville

Collin S.Posted
  • Rental Property Investor
  • Jacksonville, FL
  • Posts 56
  • Votes 13

Hey everyone! I am a new investor ready to get into the game here in Jacksonville, FL. My focus will be in rental properties, and I am very interested in the BRRRR strategy. I'm interested in 2/2 or 3/2+ with ARV between $175-$225K. I'm interested in multifamily as well, but unsure of that market here in JAX.

I currently own a townhouse with an FHA loan that I bought 2 years ago. This will be a great future cash flow property. To start off my questions would be:

- The JAX market is HOT right now, what would be the best way for a new investor to get their feet wet with little/no money down?

- I have a great fulltime job/steady income as many of us do. How do you handle real estate investing/looking for deals if you are working all day and unable to answer your phone during work hours?

I'm excited to be here and look forward to meeting folks to talk about real estate deals!

Cheers,

Collin

Post: New Investor in Jacksonville

Collin S.Posted
  • Rental Property Investor
  • Jacksonville, FL
  • Posts 56
  • Votes 13

Hey everyone! I am a new investor ready to get into the game here in Jacksonville, FL. My focus will be in rental properties, and I am very interested in the BRRRR strategy. I'm interested in 2/2 or 3/2+ with ARV between $175-$225K. I'm interested in multifamily as well, but unsure of that market here in JAX.

I currently own a townhouse with an FHA loan that I bought 2 years ago. This will be a great future cash flow property. To start off my questions would be:

- The JAX market is HOT right now, what would be the best way for a new investor to get their feet wet with little/no money down?

- I have a great fulltime job/steady income as many of us do. How do you handle real estate investing/looking for deals if you are working all day and unable to answer your phone during work hours?

I'm excited to be here and look forward to meeting folks to talk about real estate deals!

Cheers,

Collin